Jobs report, GameStop earnings, home prices top week ahead – Fox Business

by | May 30, 2022 | Jobs

Check out what’s clicking on Though the New York Stock Exchange will be closed Monday in observance of the Memorial Day holiday, investors will still have another jam-packed week of corporate earnings and key economic data related to housing, manufacturing and jobs.    Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 33212.96 +575.77 +1.76%SP500 S&P 500 4158.24 +100.40 +2.47%I:COMP NASDAQ COMPOSITE INDEX 12131.131075 +390.48 +3.33% FOX Business takes a look at upcoming events likely to move financial markets in the coming days. Tuesday 5/31 Kicking off the week for earnings will be HP, Salesforce and Victoria’s Secret after the bell. Ticker Security Last Change Change % HPQ HP INC. 38.78 +2.02 +5.48%CRM SALESFORCE INC. 165.10 +2.64 +1.63%VSCO VICTORIA’S SECRET & CO. 42.67 -1.88 -4.22% Investors will also take in the Case-Shiller home price index, the Federal Housing Finance Agency’s monthly home price index and consumer confidence.Ticker Security Last Change Change % ABNB AIRBNB INC. 120.50 +6.20 +5.42% Also on Tuesday, Airbnb will end COVID-related refunds.BANK OF AMERICA CEO: US CONSUMER IN ‘VERY GOOD SHAPE’, MAKES FED’S JOB ‘TOUGHER’Wednesday 6/1The earnings parade will continue Tuesday with Capri Holdings, Hovnanian and Vera Bradley reporting before the market open and Chewy, GameStop, Hewlett-Packard Enterprise, NetApp and PVH Corp delivering results after the bell.  Ticker Security Last Change Change % CPRI CAPRI HOLDINGS LTD. 47.58 +1.68 +3.66%HOV HOVNANIAN ENTERPRISES 50.47 +3.18 +6.72%VRA VERA BRADLEY INC. 6.56 +0.01 +0.15%CHWY CHEWY INC. 27.11 +1.57 +6.15%GME GAMESTOP CORP. 136.89 +8.31 +6.46%HPE HEWLETT PACKARD ENTERPRISE CO. 15.79 +0.65 +4.26%NTAP NETAPP INC. 73.05 +2.56 +3.63%PVH PVH CORP. 70.70 +0.74 +1.06% On the economic data front, investors will digest the Federal Reserve’s Beige Book, construction spending, vehicle sales, the ISM manufacturing PMI and weekly mortgage applications. The Federal Reserve is also expected to start reducing its balance sheet.In addition, New York Fed President John Williams will deliver opening remarks before the bank and the Columbia University School of International and Public Affairs’ Monetary Policy Implementation and Digital Innovation workshop. St. Louis Fed President James Bullard will also give a presentation on the U.S. economy and monetary policy before a hybrid Economic Club of Memphis event.Ticker Security Last Change Change % RBAC REDBALL ACQUISITION CORP. 10.07 +0.87 +9.46%ORCL ORACLE CORP. 72.78 +1.12 +1.56%CERN CERNER CORP. 94.68 +0.13 +0.14% Other notable events include a shareholder vote on SeatGeek’s $1.35 billion merger with special purpose acquisition company RedBall, the end of the Russian central bank’s ban on short selling, a decision from the European Commission on Oracle’s $23.8 billion acquisition of Cerner and the Bank of Canada’s decision on interest rates. GET FOX BUSINESS ON THE GO BY CLICKING HEREThursday 6/2Wrapping up the week for earnings will be Designer Brands, Duluth Holdings, Hormel Foods, Lands’ End and Toro before the market open and Broadcom, Cooper Companies, CrowdStrike Holdings, lululemon athletica and Okta after the bell. Ticker Security Last Change Change % DBI DESIGNER BRANDS INC. 15.84 +0.20 +1.28%DLTH DULUTH HOLDINGS INC 12.51 +0.66 +5.57%HRL HORMEL FOODS CORP. 48.65 +0.23 +0.48%LE LANDS END 11.87 +0.27 +2.33%TTC THE TORO CO. 82.66 +1.75 +2.16%AVGO BROADCOM INC. 583.28 +32.62 +5.92%COO THE COOPER COS. INC. 351.90 +8.04 +2.34%CRWD CROWDSTR …

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