On Tap Today: CPI Released and Starbucks Pours Out Its Earnings
Headlining today's full roster of economic events is the Consumer Price Index. 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) - Get Starbucks Corporation Report
serves up fourth-quarter earnings results.
Expected Earnings Reports
This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change.
Economic Data
(
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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 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 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 for October. Source:
Labor Department. Forecast: n.a. Previous: -0.1%.
10 a.m.:
Philadelphia Fed Index for November. Source:
Philadelphia Fed. Forecast: n.a. Previous: -3.8.
11 a.m.:
Treasury buyback. Source:
Treasury Department. The Treasury buys securities specified yesterday from dealers.
1 p.m.:
Housing Market Index for November. Source:
National Association of Home Builders. Forecast: n.a. Previous: 63.
2 p.m.:
Federal Open Market Committee meeting minutes. Source:
xx. The Fed releases the minutes of its monetary policymaking committee's Oct. 3 meeting.