Holiday Shortened Calendar
The transition from June to July offers a packed schedule for investors. No data comes out Monday and Friday is a holiday, but the three days in between present key data and numerous speeches covering all fronts of the economy.
The S&P 500 has gained 43% since its low in early March, and while some are calling a plateau inevitable, others believe positive data could convince investors that genuine recovery is on the horizon.
The biggest release this week will be the Employment figures on Thursday, but all eyes will also be on the ISM Manufacturing survey on Wednesday. Those in real estate will want to check out if prices are stabilizing in the Case-Shiller Home Price Index, and then see how demand is holding up in the Pending Home Sales Index.
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