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Business

The Week Ahead, June 2 to 6

The line awaits entry to the Apple Worldwide

The line awaits entry to the Apple Worldwide Developers Conference June 2, 2014, at the Moscone West center in San Francisco. Apple traditionally unveils new products and technologies. Photo Credit: Getty Images / Justin Sullivan

KEY EVENT: More work. The U.S. unemployment rate fell in April to 6.3 percent, the lowest since September 2008, as the number of new jobs created surpassed economists' estimates. Will the momentum continue? Answers come Friday when the Labor Department posts the May employment report.

MONDAY: Apple's five-day Worldwide Developers Conference starts in San Francisco. Apple traditionally uses the event to unveil new products and technologies. Also, an update on the manufacturing sector in May from the Institute for Supply Management.

TUESDAY: Carmakers release May motor vehicle sales, and the Commerce Department posts April factory orders. Earnings: discount retailer Dollar General.

WEDNESDAY: Payroll processor ADP issues its assessment of private-sector jobs created in May. Also, the Federal Reserve releases the June beige book, a compilation of anecdotal economic news. And the Commerce Department posts the nation's trade balance in April. Earnings: home builder Hovnanian.

THURSDAY: Claims for jobless benefits for the week ended May 31 from the Labor Department. Earnings: jam maker J.M. Smucker.

FRIDAY: Workers' hourly earnings for May from the Labor Department. In April the average U.S. worker earned $24.32 an hour, an all-time high.

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