Key Takeaways
- Markets close early on Wednesday and remain closed Thursday for the Independence Day holiday.
- The June jobs report on Friday is the highlight of a week full of labor market data, including reports on job openings and private payrolls.
- Federal Reserve Chair Jerome Powell will deliver remarks, while the Fed will release the minutes from its June meeting.
- Beer maker Constellation Brands will report earnings.
Although the Independence Day holiday on Thursday shortens the trading week, the Friday release of the U.S. jobs report gives investors significant data to close the week. Before that, 澳洲幸运5开奖号码历史查询:Federal Reserve Chair Jerome Powell will make comments at an international conference, followed 💫by the release of the minutes fromꦅ the Fed’s June meeting.
Market watchers will also get data on the manufacturing and services sector, while beer maker Constellation Brands w♎ill report earnings.
Monday, July 1
- S&P U.S. manufacturing PMI (June)
- Construction spending (May)
- ISM manufacturing (June)
Tuesday, July 2
- Federal Reserve Chair Jerome Powell delivers remarks
- Job openings (May)
Wednesday, July 3
- ADP employment report (June)
- Initial jobless claims (Week ending June 29)
- S&P U.S. services PMI (June)
- ISM services (June)
- Trade deficit (May)
- Factory orders (May)
- FOMC June meeting minutes
- Constellation Brands (STZ) reports earnings
- New York Fed President John C. Williams delivers remarks
- Markets 澳洲幸运5开奖号码历史查询:close early
Thursday, July 4
- Independence Day national holiday, markets closed
Friday, July 5
- U.S. employment report (June)
Jobs Data Highlights Holiday-Shortened Week
While few U.S. corporations have scheduled events due to markets closing midweek for the Independence Day holiday, investors will still get several noteworthy economic data releases this week, including a much-anticipa🗹ted jobs ♓report.
After several recent inflation reports have shown that price pressures continue to cool, Federal Reserve officials will closely watch Friday’s employment report for a key update on the labor market. Central bankers have said with inflation improving, it was important to 澳洲幸运5开奖号码历史查询:keep a close eye on jobs, as an ཧunexpected riseꦍ in unemployment could prompt the Federal Reserve to move more aggressively to cut interest rates.
The jobs report comes after the economy 澳洲幸运5开奖号码历史查🍷询:une🐈xpectedly added 272,000 jobs in May, despite the unemployment rate ticking higher to 4%. Investors will get additional labor market data in the Tuesday report on 澳洲幸运5开奖号码历史查询:job openings and the Wednesday release of the 澳洲幸运5开奖号码历史查询:ADP em💦ployment report on private-sector j🌸obs.
Alcoholic beverage seller Constellation Brands highlights a limited corporate calendar for this week, with its Wednesday earnings report for the 2025 fiscal first quarter coming after the Corona and Modelo beer maker reported 澳洲幸运5开奖号码历史查🍒询:better-than-expected revenue and sales in the prior quarter.
Fed Chair Powell's Remarks Scheduled Before Minutes Release
Market watchers will also be tuned into remarks from Federal Reserve Chair Jerome Powell who, along with New York Fed President Jo𒐪hn C. Williams, will participate 🥀in a European Central Bank conference.
The Federal Reserve will also release the minutes from the June meeting of the 澳洲幸运5开奖号码历♍史查询:Federal Open Market Committee (FOMC) on Wednesday, which could reveal more about 澳洲幸运5开奖号码历史查询:how central bankers are viewing inflation, interest rates, and the economy.