Key Market Events This Week: Jobs Report, Fed Speeches, and Earnings in Focus
Friday's September jobs report will test the Federal Reserve's concerns about labor market deterioration after August's disappointing 22,000 job additions. The data arrives amid growing unease about unemployment trends that prompted this month's rate cut—the first of 2024.
Beyond employment figures, markets face a packed macroeconomic calendar: consumer confidence surveys, home price indices, and manufacturing data will compete for attention with Fed speakers interpreting these signals. Nike, Carnival, and ConAgra earnings may reveal consumer resilience, while Tesla's delivery numbers could MOVE tech shares.
Political risk looms as government shutdown negotiations approach a Tuesday deadline. Last week's late rally couldn't erase overall losses, leaving equities vulnerable to fresh volatility from these competing catalysts.