The Week Ahead: May 28-June 1
Medford home. (May 24, 2012) Credit: newsday/Thomas A. Ferrara
KEY EVENT: Housing update. Will New York metropolitan area home prices rebound from an eight-year low? The answer comes Tuesday when the closely watched S&P Case-Shiller housing price index for March is released. The previous Case-Shiller report showed a continuing decline in area prices to the lowest level since November 2003.
MONDAY: Stock and bond markets closed for the Memorial Day holiday.
TUESDAY:Consumer confidence for May from The Conference Board.
WEDNESDAY: The National Association of Realtors' pending home sales for April gives an early read into the spring home-buying season. Earnings: women's apparel retailer Coldwater Creek, movie studio Lions Gate Entertainment, TiVo.
THURSDAY: Claims for jobless benefits for the week ended May 26 from the Labor Department and private-sector jobs created or lost in May from payroll processor ADP. Also, the Commerce Department releases revised numbers on first-quarter GDP.
FRIDAY: The Labor Department posts the unemployment rate and workers on payrolls for May. The previous two employment reports showed a disappointing number of new jobs created and sparked big stock market sell-offs. Also, automakers report car sales and the Institute for Supply Management posts its manufacturing index, both for May.
Sarra Sounds Off Ep. 35: EI baseball, girls lacrosse and plays of the week On the latest episode of "Sarra Sounds Off," we look at East Islip baseball's inspirational comeback story, Jared Valluzzi has the plays of the week and Tess Ferguson breaks down the top defensive players in girls lacrosse.
Sarra Sounds Off Ep. 35: EI baseball, girls lacrosse and plays of the week On the latest episode of "Sarra Sounds Off," we look at East Islip baseball's inspirational comeback story, Jared Valluzzi has the plays of the week and Tess Ferguson breaks down the top defensive players in girls lacrosse.
