Income investors will have a lot to consider over the next five days, as a deluge of economic data and corporate earnings make their way through the financial markets. High-profile data releases ranging from consumer inflation to retail sales will provide the latest pulse of the U.S. economy.
Three of America’s largest banks will also make headlines when they unveil second-quarter earnings. Wall Street posted solid first-quarter results, a trend that is expected to continue into the second half of the year.
Nonfarm payrolls drove the financial markets during Independence Day week. To compare this week’s Market Glance with the previous edition, click here.
Monday features a light schedule on the economic calendar. The Federal Reserve will release its Labor Market Conditions Index, which is an experimental indicator that is used to evaluate the jobs market based on 19 indicators.