Labor data, Fed comments in focus for holiday-shortened week

Macro
โดย Yahoo Finance·Read original
Summary · why it matters

Wall Street heads into a holiday-shortened week with investors focused on US labor market data and Federal Reserve communications. The June nonfarm payrolls report on Thursday is expected to show job creation moderating to around 110,000 to 120,000 additions, with unemployment steady at 4.3% and wage growth near 0.3% month-on-month. Federal Reserve Chair Kevin Warsh is due to speak at the ECB's Sintra forum, and markets will scrutinize his comments for signals on inflation tolerance and policy direction. Corporate activity includes the spin-off of Honeywell Aerospace and S&P Global's separation of its automotive data business into Mobility Global, while IPO activity remains active with listings from Bending Spoons, Neutron Holdings, CopperTech, and ITG. Earnings from Nike and updates from Amazon's AWS summit are also in focus.

Impact on stocks 5

Smart City / Autonomous Infrastructure · 1 stocks
Information Technology · 1 stocks
Mobility Global Inc.
MBGL
± MixedCapitalrelevance

Mobility Global is the new entity from S&P Global's separation; no further details.

Cloud & Digital Infrastructure · 1 stocks
S&P Global Inc
SPGI
± MixedCapitalrelevance

S&P Global separating automotive data business into Mobility Global; impact unclear.

Consumer Discretionary · 1 stocks
Nike Inc
NKE
± Mixedrelevance

Nike earnings are in focus but no details provided.

Artificial Intelligence · 1 stocks

Off-coverage companies 2

Bending SpoonsPrivate± Mixed
relevance

CopperTech Metals IncPrivate± Mixed
relevance