Key Financial Events Calendar: June 29 – July 3

Equities slumped last week, as the tech-heavy Nasdaq Composite index fell 4.6%, while the S&P 500 declined 2%. Both indexes ended the week on five-day losing steaks.

Shares of memory maker Micron Technology jumped on blowout earnings, but Apple and Microsoft sank as both companies announced price hikes for some products, citing higher memory chip costs.

This shortened trading week is light on company earnings but heavy on economic data, the most important of which is the jobs report, to be released on Thursday by the Bureau of Labor Statistics.

The BLS will also release the Job Openings and Labor Turnover Survey report on Tuesday, and the Institute for Supply Management will release its Manufacturing Purchasing Managers' Index on Wednesday.

Constellation Brands and Nike announce earnings on Tuesday, and General Mills on Wednesday.

Daily Breakdown

Monday 6/29

AeroVironment reports fourth-quarter fiscal-2026 results.

Tuesday 6/30

Constellation Brands and Nike report earnings.

S&P Cotality releases its Case-Shiller National Home Price Index for April. Home prices rose 0.7% year over year in March, the slowest rate of growth since June of 2023. Chicago, New York, and Cleveland lead with increases of 3% or more, while Denver, Tampa, and Dallas saw declines of around 2%.

The Conference Board releases its Consumer Confidence Index for June. Consensus estimate is for a 94.3 reading, about one point more than in May.

The Bureau of Labor Statistics releases the Job Openings and Turnover Survey. Economists forecast 7.3 million job openings on the last business day of May, roughly 300,000 less than in April.

Wednesday 7/1

FactSet Research Systems and General Mills announce earnings.

ADP releases its National Employment Report for June. Consensus estimate is for a 118,000 increase in private employment, slightly fewer than May's 122,000 gain. In May, the median annual pay increase for employees who remained at their job was 4.4%, while those who changed jobs saw a 6.5% bump.

The Institute for Supply Management releases its Manufacturing Purchasing Managers' Index for June. Consensus estimate is for a 53.8 reading, slightly less than in May. The index has been above 50 every month this year, indicating growth in the manufacturing sector. In the previous three years there were only two monthly readings at or above 50.

Thursday 7/2

The BLS releases the jobs report for June. Economists forecast a 113,000 increase in nonfarm payrolls after a 172,000 gain in May. The unemployment rate is expected to remain unchanged at 4.3%. The labor market is on solid footing after looking wobbly last year. Job growth has averaged 114,000 a month so far this year, compared with just 10,000 a month last year.

Friday 7/3

Equity and fixed-income markets are closed in observance of Independence Day.

(END) Dow Jones Newswires