No reports scheduled
Tuesday, September 22
Earnings Before the Open
AutoZone (AZO), est. $54.30 per share
MillerKnoll (MLKN), est. $0.35 per share
Thor Industries (THO), est. $0.89 per share
Economic Releases
12:15 GMT, ADP Weekly Employment Change, prior 16.3K
14:00 GMT, Richmond Manufacturing Index, forecast 5 (prior 4)
Earnings After the Close
KB Home (KBH), est. $0.89 per share
Worthington Enterprises (WOR), est. $0.75 per share
Wednesday, September 23
Earnings Before the Open
Cintas (CTAS), est. $1.35 per share
Cracker Barrel (CBRL), est. $0.16 per share
General Mills (GIS), est. $0.72 per share
Paychex (PAYX), est. $1.32 per share
Economic Releases
13:45 GMT, Flash Manufacturing PMI, forecast 53.4 (prior 53.9)
13:45 GMT, Flash Services PMI, forecast 56.0 (prior 56.5)
14:30 GMT, Crude Oil Inventories, prior -0.6M
Earnings After the Close
H.B. Fuller (FUL), est. $1.47 per share
Stitch Fix (SFIX), est. -0.06 per share
Thursday, September 24
Earnings Before the Open
Darden Restaurants (DRI), est. $2.05 per share
TD Synnex (SNX), est. $4.68 per share
Darden, the Olive Garden parent, is expected to report fiscal 2027 first-quarter earnings of $2.05 per share, up 4.1% from a year earlier, on revenue of $3.2 billion, up 6.7%. UBS analyst Dennis Geiger expects solid same-store-sales trends and an intact earnings outlook despite select macro pressures. Investor sentiment is skewed negative on weak Olive Garden same-store sales, while LongHorn remains positive.
Economic Releases
12:30 GMT, Unemployment Claims, forecast 201K (prior 196K)
12:30 GMT, Current Account, forecast -259B (prior -227B)
14:00 GMT, New Home Sales, forecast 619K (prior 607K)
14:30 GMT, Natural Gas Storage, prior 44B
Earnings After the Close
Costco Wholesale (COST), est. $6.53 per share
BlackBerry (BB), est. $0.04 per share
FedEx Freight (FDXF), est. $1.39 per share
Costco is expected to report fiscal fourth-quarter earnings of $6.53 per share, up 11.2% from a year earlier, on revenue of $94.9 billion, up 10.1%. Oppenheimer analyst Rupesh Parikh said core earnings could again fall short of Street forecasts excluding tariff-refund benefits. He maintained an Outperform rating and said weakness in the shares represents a buying opportunity.
Friday, September 25
Earnings Before the Open
No reports scheduled
Economic Releases
12:30 GMT, Core Durable Goods Orders m/m, forecast 0.5% (prior 0.4%)
12:30 GMT, Durable Goods Orders m/m, forecast -0.3% (prior 1.1%)
14:00 GMT, Revised UoM Consumer Sentiment, forecast 47.5 (prior 47.8)
14:00 GMT, Revised UoM Inflation Expectations, prior 4.6%
Earnings After the Close
No reports scheduled
Central Bank Activity
Monday, September 21
- Austan Goolsbee (FOMC Member), 10:30 GMT
Tuesday, September 22
- John Williams (FOMC Member), 14:05 GMT
- Philip Jefferson (FOMC Member), 14:20 GMT
- Thomas Barkin (FOMC Member), 17:00 GMT
Wednesday, September 23
- Michael Barr (FOMC Member), 14:05 GMT
Thursday, September 24
- John Williams (FOMC Member), 08:10 GMT
- Beth Hammack (FOMC Member), 12:50 GMT
- Anna Paulson (FOMC Member), 14:10 GMT
Friday, September 25
- John Williams (FOMC Member), 09:15 GMT
- Beth Hammack (FOMC Member), 18:00 GMT
Wall Street will watch the 10 appearances for hints about the path for interest rates after the September rate hike. The Fed’s projections included another expected increase before year-end, while officials remained divided over the need for further tightening in 2027.
Technical Outlook
Weekly Dow Jones Industrial Average Index
