Wall Street investors will have a plenty of economic data to watch for in the week ahead. The major spotlight would be on jobs data for January, the University of Michigan’s preliminary consumer sentiment report, and manufacturing data for January.
Besides economic data, the markets are likely to show some reactions to Donald Trump’s trade war, sparked by the US imposing sweeping tariffs on imports from Canada, Mexico and China.
In retaliation, Canada and Mexico have also ordered tariffs on goods from the US.
The earnings season will continue to remain in focus with big companies such as Google– parent Alphabet, Walt Disney,
Qualcomm, Tyson Foods, Merck, and PepsiCo slated to declare their results.
On February 3 (Monday), separate reports on S&P final US manufacturing PMI for January, ISM manufacturing for January, and TBA auto salesfor January will be released.
On February 4 (Tuesday), separate reports on job openings for December and factory orders for December will be released.
On February 5 (Wednesday), ADP employment for January, US trade deficit for December, S&P final US services PMI for January, and ISM services for January will be released.
On February 6 (Thursday), separate reports on initial jobless claims for the week ended February 1 and US productivity Q4 will be released.
On February 7 (Friday), separate reports on US employment, unemployment for January, consumer sentiment (prelim) for January, and consumer credit for December will be released.
Following companies are due to report fourth quarter earnings in the week ahead — Palantir Technologies, NXP Semiconductors, IDEXX Laboratories, Tyson Foods, Clorox, Alphabet, Merck, PepsiCo, Advanced Micro Devices, Amgen, Novo Nordisk, Walt Disney, Qualcomm, Arm Holdings, Uber Technologies, Eli Lilly, Linde, Honeywell International, ConocoPhillips, Neurocrine Biosciences, Bristol-Myers Squibb, Fortive, Cboe Global Markets, Banco Bradesco, and Kimco Realty.
US stocks ended lower on Friday on President Donald Trump’s tariffs threat.
The S&P 500 lost 31.10 points, or 0.51 per cent, to end at 6,040.07 points, while the Nasdaq Composite lost 58.47 points, or 0.30 per cent, to 19,623.27. The Dow Jones Industrial Average fell 341.68 points, or 0.76 per cent, to 44,540.45.
The yield on the 10-year Treasury rose to 4.54 per cent from 4.52 per cent.
Job opportunities to make you smile in the age of AIgetty As AI and automation continue to reshape industries, some professions remain difficult—if not imposs
Since early 2024 it has been quite clear that Apple is trying its hand at new product categories in an attempt to secure another so
STATEN ISLAND, N.Y. — New York state is hiring to fill hundreds of critical positions, with positions ranging from temporary seasonal work to education direct
10 Jobs Where You Get Paid to Sleep Image: Unsplash 2 Feb 2025 Sleep Study Participant: Hospitals and r