Tuesday 4/30
It's the busiest week of first-quarter earnings season, as more than 150 S&P 500 index companies are scheduled to publish their results. Advanced Micro Devices, Amazon.com, Eli Lilly, and Super Micro Computer will be Tuesday's highlights. Apple reports on Thursday.
Wednesday 5/1
The Federal Reserve's policy committee is overwhelmingly expected to keep the federal-funds rate unchanged at a target range of 5.25% to 5.50%. At his postmeeting news conference, Chairman Jerome Powell may describe plans to slow the pace of the Fed's balance sheet reduction later this year.
The Bureau of Labor Statistics publishes the Job Openings and Labor Turnover Survey, or JOLTS. Economists' consensus calls for 8.7 million job openings on the last business day of March. There are currently 1.3 job openings for every unemployed person, down from a peak above two in 2022.
Friday 5/3
Economists are expecting to see an average gain of 210,000 nonfarm payrolls in April, per the Bureau of Labor Statistics' employment report. That would be a downshift from the 303,000 added in February. The unemployment rate is expected to hold steady at 3.8%.
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(END) Dow Jones Newswires
April 26, 2024 21:30 ET (01:30 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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