Monday, March 3, 2025
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What To Expect in the Markets This Week | Global News Avenue

What To Expect in the Markets This Week

Key Points

  • President Donald Trump is expected to speak at a joint meeting of Congress on Tuesday.
  • Trump announced last week that tariffs on Canadian and Mexican products will also take effect on Tuesday, while also doubling existing tariffs on Chinese goods.
  • The latest work report for February will be released on Friday, with officials watching the softness of the labor market.
  • Broadcom will report earnings this week along with Costco, Target and others.
  • Reports on consumer credit levels, U.S. trade balances, factory orders and industry PMI survey results are also expected.

President Donald Trump will provide his first speech to his joint Congress since his election on Tuesday. Tariffs on Canadian and Mexican products are also Effective on TuesdayTrump announced last week, and the existing tariffs on Chinese goods doubled.

Market participants may hope this week ahead of the power outage, with Fed Gov. Michelle Bowman and New York Fed Chairman John Williams. The latest work report for February ending Friday may also attract attention. Emerging Weaknesses In the labor market.

Updated to consumer credit level, US Trade Balancefactory orders and manufacturing Purchasing Manager Index (PMI) You can also investigate, as well as Broadcom’s booking income (avgo), Costco (cost), Target(TGT) and others.

Monday, March 3

  • Standard & Poor’s Manufacturing PMI (February)
  • ISM Manufacturing PMI (February)
  • Construction Expenditure (January)
  • St. Louis Federal Reserve Chairman Alberto Musalem plans to speak
  • okta(Okta) and gitlab (GTLB) Plan Report Revenue

Tuesday, March 4

  • President Donald Trump plans to speak
  • New York Fed Chairman John Williams is scheduled to speak
  • crowdstrike(Crust), target, autozone (Available), Rose Store (rost), Best Buy (BBY) and Nordstrom (JWN) Plan Report Revenue

Wednesday, March 5

  • ADP Employment (February)
  • Standard & Poor’s Services PMI (February)
  • ISM Service PMI (February)
  • Factory Order (January)
  • Fed Beige Book
  • Marvell Technology (MRVL), Veeva system (Veev), ZScaler(ZS), mongodb(MDB), Campbell’s (CPB), brown form (BF.A) and Abercrombie & Fitch (Anfu) Plan Report Revenue

Thursday, March 6

  • Initial unemployment claims (as of the week ending March 1)
  • US Trade Deficit (January)
  • American Productivity – Final (Season 4)
  • Wholesale Inventory (January)
  • Atlanta Federal Reserve Chairman Raphael Bostic plans to speak
  • Broadcom, Costco, Kroger (kr), HP Packard Enterprise (HPE), Burlington Store (Festival), gap (gap) and Macy’s (m) Plan Report Revenue

Friday, March 7

  • U.S. Employment Report (February)
  • Consumer Credit (January)
  • Fed Governor Michelle Bowman and New York Fed Chairman John Williams plan to speak
  • The last day of the Fed’s power outage before the March 18-19 meeting

Trump speaks to Congress as tariffs come into effect

President Trump will be held at a joint Congress meeting on Tuesday, March 4 at 8 p.m. ET. The address may provide Trump with an opportunity and highlights early administration actions, including Tariffs that take effect in the plan The same day.

Fresh work reports are the focus of the labor market

February Work Report There are fewer employers’ positions scheduled for Friday than expected last month, which has worries you The labor market may be softening. Those concerns were strengthened when unemployment claims were higher than expected last week.

Reports on weekly initial unemployment claims and private sector employment in early February. Fed officials noted that the strength of the labor market helped influence their recent Decide not to lower interest rates at their January meeting.

Fed officials speak before power outage

This is the last week for Fed officials to comment before the outage begins before the March 18-19 meeting. Federal Open Market Commission. Federal Reserve Governor Michelle Bowman, New York Fed President John Williams and Atlanta Fed Chairman Raphael Bostic plan to speak. The latest news from the Federal Reserve Beige book It will also be released on Wednesday to conduct a qualitative review of the economic situation.

Some economic indicators this week could provide latest information on the health of the manufacturing and service sectors, including results from February’s PMI survey, wholesale inventory data, U.S. fourth-quarter productivity and factory orders. January’s consumer credit data can also provide insights into consumer power as retailers such as Walmart (WMT) Expected Below expectations for sales growth In the coming quarters.

Broadcom, Target, Costco and more deserved benefits

Broadcom is Revenues are scheduled to be reported on Thursdayback Chip stocks were sold last week After Nvidia (NVDA)income. NVIDIA’s results exceeded street estimates, but they may not be good enough due to concerns about AI spending and economic uncertainty. Analysts so far Still optimistic about Nvidia’s stock In addition to Broadcom, it also points out the potential for chip manufacturers to benefit from growing demand for AI.

Other tech companies scheduled to report this week include Marvell Technology, HP Enterprise, Mongodb, Gitlab, Crowdstrike, Zscaler and Okta. Several large retailers are also planned to be released, with Ross Stores, Best Buy and Target reports held on Tuesday, with Costco going on Thursday.

Kroger’s report Thursday was from the grocery chain Weak report last quarter And represent the first The effort to merge failed With Albertsons (ACI).

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