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ECONOMIC REPORTS Data to be reported this week will include: Existing home sales for April (Tuesday); new home sales for April (Wednesday); durable goods orders for April and weekly unemployment claims (Thursday); and the Thomson Reuters/University of Michigan consumer sentiment index for May (Friday).
Gene J. Puskar/Associated Press
CORPORATE EARNINGSCompanies scheduled to report results include Campbell Soup (Monday); Best Buy, Medtronic, Williams-Sonoma, Dell and Take-Two Interactive Software (Tuesday); Toll Brothers and Hewlett-Packard (Wednesday); and Costco Wholesale, H.J. Heinz and Tiffany (Thursday).
IN THE UNITED STATES The Senate Banking Committee will conduct a hearing on derivatives reform. Witnesses will be Mary L. Schapiro, chairwoman of the Securities and Exchange Commission, and Gary Gensler, chairman of the Commodity Futures Trading Commission (Tuesday). A Senate Banking subcommittee will hold a hearing on the China strategic and economic dialogue (Wednesday). The Senate Banking Committee will hold a hearing about the Responsible Homeowner Refinancing Act, while Treasury Secretary Timothy Geithner will speak at the commencement of the Johns Hopkins School of Advanced International Studies (Thursday).
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