Monday 5/12
More than 450 S&P 500 companies have reported first-quarter earnings, with nearly 80% beating earnings-per-share estimates and about 60% besting sales projections. Simon Property Group kicks off the week, reporting results on Monday, followed by Cisco Systems on Wednesday. Applied Materials, Deere, and Walmart announce their earnings on Thursday.
Tuesday 5/13
The Bureau of Labor Statistics releases the consumer price index for April. Economists forecast a 2.4% year-over-year increase. The core CPI, which strips out volatile food and energy prices, is expected to rise 2.8%. Both estimates would match the March data. The annual change in the March core CPI was the lowest in four years.
Thursday 5/15
The Census Bureau reports retail sales data for April. Consumer spending is expected to be flat month over month, after a 1.5% jump in March.
Friday 5/16
The University of Michigan releases its consumer sentiment survey for May. April's 52.2 reading was the lowest since July of 2022, while consumers' year-ahead inflation expectations, 6.5%, was the highest since 1981.
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(END) Dow Jones Newswires
May 09, 2025 21:30 ET (01:30 GMT)
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