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Stocks expected to trade the economy’s reopening in the week ahead

May 8, 2020


Investors will watch the economy’s reopening progress, as well as a series of economic reports in the coming week that will provide a look at the consumer during April as the economy shed 20.5 million jobs.

Fed Chairman Jerome Powell speaks on a webcast held by the Peterson Institute on Wednesday at 9 a.m., and he will be watched closely for any new insights on the economy or Fed programs.

There are just a few earnings releases ahead, but there will be a barrage of economic reports, including consumer and producer inflation, consumer sentiment and most importantly retail sales on Friday.

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