Dow Jones to focus on economic data this week


Busy traders: Traders work on the floor of the NYSE. Multiple gauges of the manufacturing sector will be released along with durable goods orders, a reading on consumer sentiment and the revised gross domestic product report for the first quarter.

NEW YORK: Economic data will garner most of the attention this week, with investors placing a heavy weight on a host of reports as they try and determine the likelihood of a rate hike by the US Federal Reserve at its June meeting.

Multiple gauges of the manufacturing sector will be released along with durable goods orders, a reading on consumer sentiment and the revised gross domestic product report for the first quarter.

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