REAL ESTATE NEWS
COMPANY NEWS
WEEK AHEAD
Dow off 200 points but Nasdaq nears record as stock-market investors gear up for Fed update
U.S. stocks indexes traded mixed near midday Monday, with the Dow and S&P 500 struggling for gains, while tech stocks caught a slight bid to push the Nasdaq Composite toward an all-time high, as investors prepared for an important meeting of the Federal Reserve this week.
The rate-setting gathering could help investors assess how the central bank views evidence of surging inflation against data showing slack in the job market during the COVID pandemic recovery.
DATA DECK FOR Jun 14 - Jun 18
| DATE | REPORT | IMPACT | FORECAST | PREVIOUS |
| Jun 15 | Core Retail Sales m/m | High | 0.4% | -0.8% |
| Jun 15 | Retail Sales m/m | High | -0.6% | 0.0% |
| Jun 15 | Empire State Manufacturing Index | Low | 22.2 | 24.3 |
| Jun 15 | PPI m/m | High | 0.5% | 0.6% |
| Jun 15 | Core PPI m/m | Medium | 0.5% | 0.7% |
| Jun 15 | Industrial Production m/m | Medium | 0.6% | 0.7% |
| Jun 15 | Capacity Utilization Rate | Low | 75.2% | 74.9% |
| Jun 15 | NAHB Housing Market Index | Low | 83 | 83 |
| Jun 15 | Business Inventories m/m | Low | -0.1% | 0.3% |
| Jun 15 | TIC Long-Term Purchases | Low | 119.5B | 262.2B |
| Jun 16 | Building Permits | Low | 1.73M | 1.76M |
| Jun 16 | Housing Starts | Low | 1.64M | 1.57M |
| Jun 16 | Import Prices m/m | Low | 0.8% | 0.7% |
| Jun 16 | Crude Oil Inventories | Medium | -5.2M | |
| Jun 16 | Federal Funds Rate | Medium | 0.25% | 0.25% |
| Jun 17 | Unemployment Claims | Medium | 360K | 376K |
| Jun 17 | Philly Fed Manufacturing Index | Medium | 31.2 | 31.5 |
| Jun 17 | CB Leading Index m/m | Low | 1.3% | 1.6% |
| Jun 17 | Natural Gas Storage | Low | 98B |