Tuesday 5/20
A solid first-quarter earnings season winds down, with more retailers on tap after industry bellwether Walmart reported strong results but warned of price hikes because of tariffs. Home Depot announces results on Tuesday, followed by Lowe's, Target, and TJX Cos. on Wednesday. Deckers Outdoor, Ralph Lauren, Ross Stores, and Williams-Sonoma release their earnings on Thursday.
Thursday 5/22
S&P Global releases both its Manufacturing and Services Purchasing Managers' Indexes for May. Consensus estimates are for a 49.8 reading for the Manufacturing PMI and a 50.6 for the Services PMI. This compares with readings of 50.2 and 50.8, respectively, in April.
The National Association of Realtors reports existing-home sales for April. Economists forecast a seasonally adjusted annual rate of 4.1 million homes sold, about 2% more than previously. March's existing-home sales were the lowest for that month since 2009.
Friday 5/23
The Census Bureau reports new-home sales for April. Expectations are for a seasonally adjusted annual rate of 690,000 new single-family homes sold, 34,000 less than in March.
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(END) Dow Jones Newswires
May 16, 2025 21:30 ET (01:30 GMT)
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