It's a big week for Wall Street. In addition to Tuesday's presidential election, market participants will be watching the Fed meeting, which will conclude with another expected rate cut on Thursday afternoon.
Tuesday, November 5: Election Day: The race is too close to call at this point, which creates uncertainty in the markets
Thursday, November 7: The Federal Open Market Committee (FOMC) policy meeting concludes: The central bank is widely expected to cut interest rates by 0.25%.
You can read on to see the entire weekly economic calendar of the most important upcoming economic reports scheduled to be released over the next several days. At times, we provide expanded previews and recaps for select reports.
Please check back often. This economic calendar is updated regularly. Bolded reports are those considered more noteworthy and all reporting times are in Eastern Time.
Economic calendar highlights
Monday (11/4)
Tuesday (11/5)
Election Day could spark stock market volatility
Voting concludes in the U.S. presidential election on Tuesday, November 5. The polls currently show a head-to-head race between Vice President Kamala Harris and former President Donald Trump.
However, the outcome of the election will likely not be immediate as mail-in votes are counted and initial results potentially questioned and/or recounted.
And all of this "leads to enormous uncertainty – which is the item the market hates the most," says Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. "Who is in charge determines where the money goes, what taxes and credits will be, and policy toward regulations, and without that clarity (or perception), companies may continue to be commitment shy."
Wednesday (11/6)
Thursday (11/7)
Fed expected to cut by a quarter-percentage point
Tuesday's election pushes the start of the November FOMC meeting to Wednesday, November 6, with the policy announcement due at 2 pm Eastern time on Thursday, November 7. (Fed meetings typically start on Tuesdays and wrap up on Wednesdays.)
Expectations for another jumbo-sized rate cut have fallen in recent weeks after some inflation readings came in hotter than expected and September jobs growth was much slower than anticipated. According to CME Group's FedWatch Tool, futures traders now pricing in a 99% chance the Fed will cut rates by a quarter-percentage point on Thursday, up from 63% one month ago.
Friday (11/8)
Reporting schedules are provided Forex Factory and MarketWatch.
