On Tap Today: CPI Released and Starbucks Pours Out Its Earnings

 

Headlining today's full roster of economic events is the Consumer Price Index consumerpriceindex. The index -- which measures the change in cost of a representative basket of goods and services -- is a key inflationary indicator known to move markets.

Also today, Starbucks (SBUX Quote) serves up fourth-quarter earnings results.

Expected Earnings Reports

This table includes S&P 500 s&p500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change.

Company Qtr Yr-ago EPS
Thursday, November 16
Autodesk (ADSK Quote) 3Q $ 0.27
Limited (LTD Quote) 3Q $ 0.09
Starbucks (SBUX Quote) 4Q $ 0.17

Economic Data

(Forecasts are from Reuters. Times are Eastern. For a longer-term economic calendar and more, see TSC's Economic Databank.)

  • 8:30 a.m.: Initial Jobless Claims initialjoblessclaims for the week ended Saturday. Source: Labor Department. Forecast: 318,000. Previous: 344,000. Four-week average: Forecast: n.a. Previous: 317,250.

  • 8:30 a.m.: Consumer Price Index consumerpriceindex for October. Source: Labor Department. Forecast: +0.2%. Previous: +0.5%. Ex-food and energy: Forecast: +0.2%. Previous: +0.3%.

  • 8:30 a.m.: Real earnings realearnings for October. Source: Labor Department. Forecast: n.a. Previous: -0.1%.

  • 10 a.m.: Philadelphia Fed Index philadelphiafedindex for November. Source: Philadelphia Fed. Forecast: n.a. Previous: -3.8.

  • 11 a.m.: Treasury buyback treasurybuyback. Source: Treasury Department. The Treasury buys securities specified yesterday from dealers.

  • 1 p.m.: Housing Market Index housingmarketindex for November. Source: National Association of Home Builders. Forecast: n.a. Previous: 63.

  • 2 p.m.: Federal Open Market Committee meeting federalopenmarketcommittee minutes. Source: xx. The Fed releases the minutes of its monetary policymaking committee's Oct. 3 meeting.
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