KEY EVENTS TO WATCH:
Tuesday, September 17, 2024:
Retail Sales Data (August): This report will provide insight into consumer spending, which makes up a significant portion of U.S. GDP.
Housing Market Index (September): A gauge of homebuilder sentiment, important for assessing the state of the housing market.
Wednesday, September 18, 2024:
Fed Rate Decision: The Federal Reserve is expected to announce a rate cut for the first time in four years. Chair Jerome Powell will hold a press conference at 2:30 p.m. ET.
Housing Starts and Permits (August): Critical data on new residential construction.
General Mills Earnings Report: Investors will look for updates on how the company is navigating challenges in the consumer goods market.
Thursday, September 19, 2024:
FedEx, Darden Restaurants, Lennar, and Cracker Barrel Earnings: These reports will provide insight into the logistics, restaurant, and homebuilding industries.
Initial Jobless Claims (Week ending September 14): Key data on labor market conditions.
Existing Home Sales (August): A significant measure of housing market health.
Friday, September 20, 2024:
Lennar Earnings Report: Follow-up insights on the homebuilder's performance and demand for new homes.
Tuesday, September 17, 2024:
Retail Sales Data (August): This report will provide insight into consumer spending, which makes up a significant portion of U.S. GDP.
Housing Market Index (September): A gauge of homebuilder sentiment, important for assessing the state of the housing market.
Wednesday, September 18, 2024:
Fed Rate Decision: The Federal Reserve is expected to announce a rate cut for the first time in four years. Chair Jerome Powell will hold a press conference at 2:30 p.m. ET.
Housing Starts and Permits (August): Critical data on new residential construction.
General Mills Earnings Report: Investors will look for updates on how the company is navigating challenges in the consumer goods market.
Thursday, September 19, 2024:
FedEx, Darden Restaurants, Lennar, and Cracker Barrel Earnings: These reports will provide insight into the logistics, restaurant, and homebuilding industries.
Initial Jobless Claims (Week ending September 14): Key data on labor market conditions.
Existing Home Sales (August): A significant measure of housing market health.
Friday, September 20, 2024:
Lennar Earnings Report: Follow-up insights on the homebuilder's performance and demand for new homes.