Next Week's Report

Monday:
Institute of Supply Management's manufacturing report, due Monday morning.This will show a decline...
Construction spending, due Monday morning from the Commerce Department.This will confirm, in dollar terms, what housing starts and new-home sales data have already. The residential business is weak. It will also show that commercial real estate is just as weak.

Quarterly Result:
Banking giant HSBC (HBC), insurance company Principal Financial Group (PFG), health insurer Humana (HUM).


Tuesday:
Auto sales for July, due all day Tuesday.This is expected to show some strength ...
Pending home sales, due Tuesday from the National Association of Realtors.The June report showed a decline because of the expiration of homebuyer tax credits. Nomura Securities sees little change from June but expects more activity later this year.

Personal income and saving, due Tuesday from the Commerce Department. Expect little or no change.

Quarterly Results:
Pfizer,Procter & Gamble ,Anadarko Petroleum,WholeFoods Market(WFMI).

Wednesday:
ISM Non-Manufacturing Index, due Wednesday.Expect some improvement.
ADP Employment Index, due Wednesday. This will show a small gain in private-sector employment.

ER:
Cameron International , Transocean,online company AOL (AOL); entertainment giant Time Warner (TWX), which is AOL's former corporate parent; and News Corp. (NWSA), owner of the Fox TV empire and The Wall Street Journal.

Thursday:
Jobless claims, due Thursday from the Labor Department. Expect a little improvement. Automakers are starting to hire.

ER:
Dow component Kraft Foods, British financial giant Barclays (BCS), apparel maker Liz Claiborne (LIZ) and real-estate developer St. Joe (JOE) report. St. Joe, one of Florida's largest developers, may comment on how the BP oil spill has affected its business in the Florida Panhandle.

Friday:
Nonfarm payrolls and unemployment, due Friday from the Labor Department. This is the month's most important economic report, and it's likely to be frustrating.

ER:
Washington Post Co.(WPO), Royal Bank of Scotland(RBS) and Armstrong World Industries (AWI), the maker of flooring and ceiling products.