Wall Street week ahead: Retail sales, factory output data to guide US stock markets
ALSO READ: Macro data, BoE, China verdict, FII mood, global cues to drive markets this weekOn June 18 (Tuesday), US retail sales data for May and a report on industrial production for the same month will be released.June 19 (Wednesday) will see the release of a report on home builder confidence index for June.On June 21 (Friday), data on the S&P flash US services PMI and the S&P flash US manufacturing PMI for June will be declared. Existing home sales data for May will also be released on the same day.Following companies are due to report quarterly earnings in the week ahead— Lennar, La-Z-Boy, KB Home, America's Car-Mart, Accenture, Kroger, Darden Restaurants, CarMax, and FactSet.ALSO READ: Red Lobster Looks to New Wall Street Savior After Prior WoesUS stocks closed mixed on Friday following another slide in Europe.The Dow Jones Industrial Average fell 57.94 points, or 0.15 per cent, to 38,589.16.
The S&P 500 lost 2.14 points, or 0.04 per cent, at 5,431.6 and the Nasdaq Composite added 21.32 points, or 0.12 per cent, at 17,688.88.For the week, the Dow was down 0.5 per cent, the S&P 500 added 1.6 per cent and the Nasdaq rose 3.2 per cent.The US dollar surged to 157.29 Japanese yen from 156.90 yen. The euro dropped to $1.0700 from $1.0739.The yield on the 10-year Treasury fell to 4.21 per cent from 4.25 per cent.Brent crude for August delivery slipped 13 cents to $82.62 per barrel on Friday.Benchmark US crude oil for July delivery lost 17 cents to $78.45 per barrel.Gold for August delivery gained $31.10 to $2,349.10 per ounce.
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