Market Notes for 5/26-5/29
Market Notes for 5/26-5/29
Market Notes for 5/26-5/29
Economic Calendar this week:
Mon 5/25 — Memorial Day, US markets closed. Watch oil + Iran headlines overnight; thin futures trade could impact Tuesday’s open.
Tue 5/26 — Markets reopen. Consumer Confidence (10AM), Philly Fed Non-Mfg (10AM), Dallas Fed (10:30AM).
Wed 5/27 — New Home Sales + Richmond Fed (10AM). Big earnings after close: Salesforce, Marvell Technology, Snowflake, Synopsys, Dick’s Sporting Goods. MRVL = AI silicon read, CRM = software/AI demand test.
Thu 5/28 — Biggest day of the week. Q1 GDP 2nd Estimate, Personal Income, PCE, Durable Goods, Claims all at 8:30AM. Core PCE is the key number. Earnings after close: Dell Technologies, Costco, MongoDB, Best Buy, Autodesk, Dollar Tree, Gap Inc.. PCE + DELL/COST likely drive peak vol for the week.
Fri 5/29 — Quiet data calendar. Thin liquidity + month-end rebalancing flows could create outsized moves.
