May 21, 2018 The Week Ahead

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Stocks were mixed during the week, with nearly every major index declining except for the Russell 2000. Earnings are winding down and volatility is drying up. Stocks could grind higher into the summer. However, one thing that could stop the rally is higher oil prices. Crude oil prices are now trading above $70 per barrel.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -1.18%, SPDR S&P 500 ETF (SPY) -0.56%, SPDR Dow Jones Industrial Average ETF (DIA) -0.62%, iShares Russell 2000 ETF (IWM) +1.72%

The VIX climbed slightly, closing at 13.40 on Friday.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +1.26%, iShares 20+ Year Treasury Bond (TLT) -1.69%, SPDR Gold Shares (GLD) -2.07%

Economic Releases:
23 May 2018- PMI Composite Flash 9:45 AM ET; New Home Sales 10:30 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Minutes 2:00 PM ET

24 May 2018- Jobless Claims 8:30 AM ET; Existing Home Sales 10:00 AM ET

25 May 2018- Durable Goods Orders 8:30 AM ET

Key Earnings:
22 May 2018- AAP, AZO, CBRL, DY, IGT, KSS, TOL, TJX, HPE, INTU, TCS, URBN, CTRP, HPE, INTU, RRGB, TCS, URBN

23 May 2018- CTRN, LOW, QIWI, RL, TGT, TIF, BRS, LB, NTAP, SAFM, SMRT, SNPS

24 May 2018- BBY, HRL, LXFT, MCK, MDT, TD, TTC, ADSK, DECK, EGHT, GPS, LGF, QSII, ROST, SPLK, VEEV, ZOES

25 May 2018- BKE, FL

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