KEY EVENTS:
Labor Day Market Closure: U.S. markets will be closed on Monday, September 2nd, for the Labor Day holiday.
Labor Market Focus: The spotlight will be on the labor market this week, with the August jobs report set to be released on Friday. This will be a crucial indicator for the Federal Reserve as it approaches its September meeting, following a recent uptick in the unemployment rate to 4.3%.
Technology Earnings: Major tech earnings reports include Broadcom, Hewlett Packard Enterprise, and Zscaler. Broadcom’s earnings, in particular, will be closely watched following its recent 10-for-1 stock split.
Retail Sector Reports: Retailers such as Dollar Tree, Big Lots, and Dick’s Sporting Goods are also scheduled to release their financial results.
Economic Indicators:
Tuesday will feature reports on the S&P manufacturing PMI, ISM manufacturing, and construction spending for August.
Wednesday will bring data on the trade deficit, job openings, factory orders, and the Federal Reserve’s Beige Book.
Thursday’s key data include initial jobless claims, the ADP employment report, and productivity and cost revisions.
Implications: The August jobs report will be critical in shaping market expectations regarding the Federal Reserve's next moves. Earnings from tech companies and retailers will provide insights into industry performance amidst ongoing economic uncertainties.
Labor Day Market Closure: U.S. markets will be closed on Monday, September 2nd, for the Labor Day holiday.
Labor Market Focus: The spotlight will be on the labor market this week, with the August jobs report set to be released on Friday. This will be a crucial indicator for the Federal Reserve as it approaches its September meeting, following a recent uptick in the unemployment rate to 4.3%.
Technology Earnings: Major tech earnings reports include Broadcom, Hewlett Packard Enterprise, and Zscaler. Broadcom’s earnings, in particular, will be closely watched following its recent 10-for-1 stock split.
Retail Sector Reports: Retailers such as Dollar Tree, Big Lots, and Dick’s Sporting Goods are also scheduled to release their financial results.
Economic Indicators:
Tuesday will feature reports on the S&P manufacturing PMI, ISM manufacturing, and construction spending for August.
Wednesday will bring data on the trade deficit, job openings, factory orders, and the Federal Reserve’s Beige Book.
Thursday’s key data include initial jobless claims, the ADP employment report, and productivity and cost revisions.
Implications: The August jobs report will be critical in shaping market expectations regarding the Federal Reserve's next moves. Earnings from tech companies and retailers will provide insights into industry performance amidst ongoing economic uncertainties.