Yahoo Finance Busy week greets traders: Fed, jobs report, teen retailers post Q3 earnings
Traders back from the Thanksgiving holiday are greeted by a full trading week. And it's a busy one on the economic front.
Data we're expecting include Pending Home Sales on Monday, followed by Construction Spending plus Auto and Truck Sales on Tuesday. On Wednesday, ADP Employment and Productivity and Labor costs release, as well as the Fed's Beige Book. Before the report comes out, we'll hear from Federal Reserve Chair Janet Yellen. She's scheduled to give a speech at noon to the Economic Club of Washington, D.C.
Back to the calendar: weekly jobless claims as well as Factory Orders and ISM Non-Manufacturing reports are out on Thursday. Finally, the highlight of the week comes when we get the November's Jobs Report. On Friday, we'll learn the latest stats on the average work week, hourly earnings, non-farm payrolls, and see if the nation's unemployment rate changes from 5 percent.
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On the corporate front, third-quarter earnings are winding down, but there are still some notable names reporting this week.
There's not much to note for Monday, but Tuesday kicks off with Bob Evans (BOBE). On Wednesday, Sears Holding (SHLD) reports, along with teen retailers American Eagle Outfitters (AEO) and Aéropostale (ARO), with Express (EXPR) following on Thursday. Also that day, Barnes and Noble (BKS), Big Lots (BIG), and Kroger (KR) report. Friday we'll get a tap on housing when home builder Hovnanian (HOV) releases third-quarter earnings.
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