Earnings calendar

  • Monday: N/A 
  • Tuesday: Zoom Video Communications (ZM), Hewlett Packard Enterprise Co. (HPE) after market close 
  • Wednesday: Advanced Auto Parts (AAPS) before market open; Splunk (SPLK), C3.ai Inc (AI), Endeavor Group Holdings (EDR) after market close 
  • Thursday: CrowdStrike (CRWD), Broadcom (AVGO), Slack (WORK), MongoDB (MDB), DocuSign (DOCU) after market close  
  • Friday: N/A 

Economic calendar

  • Monday: N/A 
  • Tuesday: Markit U.S. Manufacturing PMI, May final (61.5 expected, 61.5 in prior print); Construction spending month-over-month, April (0.6% expected, 0.2% in March); ISM Manufacturing, May (61.0 expected, 60.7 in April); Dallas Fed Manufacturing Activity Index, May (36.5 expected, 37.3 in April) 
  • Wednesday: MBA Mortgage Applications, week ended May 28 (-4.2% during prior week); Federal Reserve releases Beige Book 
  • Thursday: Challenger job cuts, year-over-year, May (-96.6% in April); ADP employment change, May (690,000 expected, 742,000 in April); Initial jobless claims, week ended May 29 (410,000 expected, 406,000 during prior week); Continuing claims, week ended May 22 (3.642 million during prior week); Markit U.S. Services PMI, May final (70.1 expected, 70.1 in prior print); Markit U.S. composite PMI, May final (68.1 in prior print); ISM Services index, May (63.3 expected, 62.7 in April)
  • Friday: Change in non-farm payrolls, May (678,000 expected, 266,000 in April); Unemployment rate (5.9% expected, 6.1% in May); Average hourly earnings, month-over-month, May (0.2% expected, 0.7% in May); Average hourly earnings, year-over-year, May (1.6% expected, 0.3% in April); Labor force participation rate, May (61.7% in April); Durable goods orders, April final (-1.3% in prior print); Factory orders, April (0.4% expected, 1.1% in March); Durable goods orders excluding transportation, April final (1.0% in prior print); Non-defense capital goods orders excluding aircraft, April final (2.3% in prior print); Non-defense capital goods shipments excluding aircraft, April final (0.9% in prior print)