U.S. stocks are poised for a mixed open on Monday, ahead some key economic data this week, including a report on inflation for August.
At 6:21 p.m. ET on Sunday, Dow Jones Industrial Average futures rose 52 points, or 0.1%; the S&P 500 futures gained 0.2%, and Nasdaq Composite futures climbed 0.2%.
Crude oil futures (West Texas Intermediate, the U.S. standard) gained 0.4% to $90.35 a barrel. Brent crude, the international standard, rose 0.3% to $92.28 a barrel.
This week’s notable earnings include Thor Industries on Monday; Cintas, Costco Wholesale, and United Natural Foods on Tuesday; Jefferies Financial Group, Micron Technology, and Paychex on Wednesday; Accenture, CarMax, and Nike on Thursday; and Carnival on Friday.
This week’s notable economic events include: On Monday, the Federal Reserve Bank of Chicago releases its National Activity Index of overall economic activity and related inflationary pressure for August.
On Tuesday, the Conference Board reports the Consumer Confidence Index for September, and the Census Bureau reports new residential sales data for August. On Wednesday, the Census Bureau will release the durable goods report for August.
On Thursday, the Bureau of Economic Analysis reports its third and final estimate of second-quarter gross domestic product growth; the National Association of Realtors will release its Pending Home Sales Index for August; and the Labor Department will report initial unemployment benefits claims for the week ending Sept. 23.
On Friday, the Bureau of Labor Statistics reports its personal-consumption expenditures price index and the core PCE excluding volatile food and energy prices, the Federal Reserve’s preferred inflation gauge, for August. Also Friday, the Institute for Supply Management will release its Chicago Business Barometer for September, and the University of Michigan will release its final Consumer Sentiment Index for September.
Write to Janet H. Cho at [email protected]
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