Here is the calendar for the coming week:

Monday:

• S&P U.S. Purchasing Managers' Index (PMI) for the manufacturing sector (June)
• Construction Spending (May)
• ISM Purchasing Managers' Index (PMI) for the manufacturing sector (June)

Tuesday:

• Comments from Fed Chairman Jerome Powell
• Job openings (May)

Wednesday:

• ADP Employment Report (June)
• Initial claims for unemployment benefits (week ending June 29)
• S&P U.S. Purchasing Managers' Index (PMI) for the services sector (June)
• ISM Purchasing Managers' Index (PMI) for the services sector (June)
• Trade Deficit (May)
• Orders for goods production (May)
• Publication of the minutes of the FOMC meeting in June
• Quarterly results from Constellation Brands ($STZ (-0.34%))
• Statements by John C. WilliamsPresident of the New York Fed

Thursday:

• ⚠️Independence Day⚠️

Friday:

• US Labor Market Report (June)