Business events and economic reports scheduled for the coming week:
All times are Eastern.
TUESDAY, May 23
WASHINGTON — Commerce Department releases new home sales for April, 10 a.m.
BERLIN — Germany's Ifo institute releases its monthly business confidence index, a key indicator for Europe's biggest economy.
WEDNESDAY, May 24
WASHINGTON — National Association of Realtors releases existing home sales for April, 10 a.m.; Federal Reserve releases minutes from April interest-rate meeting.
Lowe's reports quarterly financial results before the market opens.
THURSDAY, May 25
WASHINGTON — Labor Department releases weekly jobless claims, 8:30 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.
FRIDAY, May 26
WASHINGTON —Commerce Department releases durable goods for April, 8:30 a.m.; Commerce Department releases first-quarter gross domestic product, 8:30 a.m.