The U.S. jobs report for June is due Thursday, with investors closely watching for signals on whether the labor market continues to improve amid Federal Reserve rate-hike speculation. Employers added 172,000 jobs in May, beating expectations, while the unemployment rate held at 4.3%. Before the jobs data, The Conference Board releases its Consumer Confidence Index on Tuesday, following a University of Michigan survey showing 54% of Americans expect unemployment to rise. Nike and General Mills report earnings this week, offering further insight into consumer spending as inflation pressures persist.
General Mills IncConsumer confidence data may signal spending trends, but no direct impact on General Mills is stated.
Constellation Brands Inc Class A
Nike IncEarnings report and consumer confidence data may indicate demand, but no specific news about Nike.