Monday 3/10
Two megacap software companies highlight a very quiet week on the earnings calendar. Oracle reports quarterly results on Monday and Adobe on Wednesday.
Wednesday 3/12
The Bureau of Labor Statistics releases the consumer price index for February. Economists forecast a 2.9% year-over-year increase. The core CPI, which strips out food and energy prices, is expected to rise 3.2%. Both estimates would be one-tenth of a percentage less than the January figures. The annual change in the core CPI has been stuck in a narrow range of 3.2% to 3.3% since last summer.
Friday 3/14
The University of Michigan releases its Consumer Sentiment Index for March. Consensus estimate is for a 63.9 reading, slightly less than in February. Plummeting consumer confidence and rising inflation expectations roiled the stock market over the past month. The most recent reading from the University of Michigan was a 15-month low, while a similar survey in late February from the Conference Board registered the largest monthly decline since August 2021. Consumers' expectations of the year-ahead inflation was 4.3% in February in the Michigan survey, the highest reading since late 2023.
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(END) Dow Jones Newswires
March 07, 2025 21:30 ET (02:30 GMT)
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