REAL ESTATE NEWS
COMPANY NEWS 
Tuesday, October 31, 2023
Wednesday, September 27, 2023
WEEK AHEAD
Futures rise as traders await interest rate clues from the Federal Reserve
Stocks climbed in premarket trading on Monday as investors looked forward to digesting more corporate earnings and hearing from the Federal Reserve in the week ahead. S&P 500 and Dow Jones Industrial Average futures were up 0.2% shortly after 5 a.m. ET, while Nasdaq 100 futures were up 0.3%. The closely monitored 10-year Treasury yield slid by 0.03% to 4.64%. It has risen sharply from 3.94% at the start of this year, as stubborn inflation has stifled hopes that the Federal Reserve will cut interest rates this summer.
DATA DECK FOR Apr 29 - May 3
| DATE | REPORT | IMPACT | FORECAST | PREVIOUS |
| Apr 30 | Employment Cost Index q/q | High | 1.0% | 0.9% |
| Apr 30 | S&P/CS Composite-20 HPI y/y | Medium | 6.7% | 6.6% |
| Apr 30 | HPI m/m | Low | 0.1% | -0.1% |
| Apr 30 | Chicago PMI | Medium | 44.9 | 41.4 |
| Apr 30 | CB Consumer Confidence | High | 104.0 | 104.7 |
| May 1 | ADP Non-Farm Employment Change | High | 179K | 184K |
| May 1 | Final Manufacturing PMI | High | 49.9 | 49.9 |
| May 1 | ISM Manufacturing PMI | High | 50.1 | 50.3 |
| May 1 | JOLTS Job Openings | High | 8.68M | 8.76M |
| May 1 | ISM Manufacturing Prices | Medium | 55.6 | 55.8 |
| May 1 | Construction Spending m/m | Low | 0.3% | -0.3% |
| May 1 | Wards Total Vehicle Sales | Low | 15.7M | 15.5M |
| May 1 | Crude Oil Inventories | Low | -6.4M | |
| May 1 | Federal Funds Rate | High | 5.50% | 5.50% |
| May 2 | Challenger Job Cuts y/y | Low | 0.7% | |
| May 2 | Unemployment Claims | High | 212K | 207K |
| May 2 | Prelim Nonfarm Productivity q/q | Low | 0.8% | 3.2% |
| May 2 | Prelim Unit Labor Costs q/q | Low | 3.2% | 0.5% |
| May 2 | Trade Balance | Low | -69.3B | -68.9B |
| May 2 | Factory Orders m/m | Low | 1.6% | 1.4% |
| May 2 | Natural Gas Storage | Low | 92B | |
| May 3 | Average Hourly Earnings m/m | High | 0.3% | 0.3% |
| May 3 | Non-Farm Employment Change | High | 243K | 303K |
| May 3 | Unemployment Rate | High | 3.8% | 3.8% |
| May 3 | Final Services PMI | Medium | 50.9 | 50.9 |
| May 3 | ISM Services PMI | High | 52.0 | 51.4 |
