What to Watch in the Week Ahead: Car Sales, Jobs Report, Earnings
For the week of August 3, TheStreet highlights U.S. car sales, the July employment situation report, as well as key earnings reports and economic data to watch on Wall Street. Automakers gear up to report their sales figures on Monday. Fiat Chrysler (FCAU) releases its sales first at 8:30 a.m eastern, followed by Ford (F) and General Motors (GM) in the morning. The focus this week will be on the jobs report, due out on Friday. Wall Street will be watching the unemployment number, which TheStreet’s Jim Cramer says is the most important figure that moves the market. The notable companies reporting their latest quarterly earnings include American International Group (AIG), CVS Health Corp (CVS), the Walt Disney Co (DIS), Twenty-First Century Fox (FOXA), CBS Corp (CBS), Time Warner Inc (TWX), Tesla Motors (TSLA), Priceline Group (PCLN), Fitbit (FIT), Allergan (AGN), JD.com (JD) and WhiteWave Foods (WWAV). On the economic calendar, we point out data including personal income and outlays, factory orders, international trade, and the July employment situation report. TheStreet's Kurumi Fukushima reports in New York.
