Monday, May 5th - The Institute for Supply Management (ISM) reports the nonmanufacturing index for April. Lehman predicts that it will be above 50% indicating an expansion in the services industries. The national non-manufacturing index based on a survey of roughly 370 purchasing executives in industries including finance, insurance and real-estate (or FIRE), communications and utilities. This sister of the Purchasing Managers' Index measures service-sector activity. The index has risen the last three months. January 44.6%, February 49.3%, and March 49.6%.
Yum Brands meets with investors and analysts on Monday and Tuesday.
Tuesday, May 6th - Walt Disney reports 2nd Qtr results. Cisco reports 3 Qtr results.
Thursday, May 8th - US retailers report comparable same store sales for April. Thompson Reuters expects an increase of 2.3%
Friday, May 9th - Citigroup presents to investors.
ICK MAN
Last Week's Sector Indexes
Heading Toward Dow 5000, I Don't Think So.
Last Week's Dow
Too Little, Too Late: A 146-point bounce late Friday cut the Dow Jones Industrial Average's loss last week to 6.2%. But it remains at its lowest level since 1997.
About Me
- ickplus
- Politically conservative, religiously evangelical, economically pro free markets, free enterprise, and small government but opposed to corporate and individual greed.
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