Advertisement
Canada markets close in 4 hours 10 minutes

  • S&P/TSX

    24,147.16
    -360.63 (-1.47%)
     

  • S&P 500

    5,722.43
    -91.24 (-1.57%)
     

  • DOW

    41,806.25
    -335.29 (-0.80%)
     

  • CAD/USD

    0.7178
    -0.0016 (-0.22%)
     

  • CRUDE OIL

    69.58
    +0.97 (+1.41%)
     

  • Bitcoin CAD

    98,092.20
    -2,271.82 (-2.26%)
     

  • XRP CAD

    0.71
    -0.02 (-2.66%)
     

  • GOLD FUTURES

    2,746.20
    -54.60 (-1.95%)
     

  • RUSSELL 2000

    2,210.16
    -22.87 (-1.02%)
     

  • 10-Yr Bond

    4.3110
    +0.0450 (+1.05%)
     

  • NASDAQ

    18,141.79
    -466.15 (-2.51%)
     

  • VOLATILITY

    23.08
    +2.73 (+13.42%)
     

  • FTSE

    8,087.28
    -72.35 (-0.89%)
     

  • NIKKEI 225

    39,081.25
    -196.14 (-0.50%)
     

  • CAD/EUR

    0.6614
    -0.0008 (-0.12%)
     
MARKETS LIVE BLOG:

NASDAQ, S&P 500 SINK AS META, MICROSOFT REVIVE BIG TECH'S A.I. SPENDING WORRIES

Comcast considers spinning off cable networks 'to play some offense' amid industry turmoil

August jobs report, Fed, Broadcom earnings: What to Watch

Josh Lipton and Madison Mills

Market Domination Overtime hosts Josh Lipton and Madison Mills look ahead to preview next week's biggest stories and events. The US stock market (^DJI, ^IXIC, ^GSPC) will be closed this Monday, September 2, as part of the Labor Day weekend holiday.

The headlining piece of economic data will be the August jobs report, to be released Friday morning, September 6. The August report will be accompanied by ADP's private payroll employment data and Job Openings and Labor Turnover Survey (JOLTS) from the US Census Bureau.

The Federal Reserve Bank of New York President John Williams and Fed Governor Christopher Waller will share commentary on the US economy.

Companies reporting quarterly earnings next week include Zscaler (ZS), Dick's Sporting Goods (DKS), Hewlett Packard Enterprise (HPE), and Broadcom (AVGO).

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Luke Carberry Mogan.

Video Transcript

Time now for to watch next week, the US stock market will be closed on Monday for the Labor Day holiday.

Bond markets will also be closed.

Markets have risen historically between Labor Day and the end of the year since 2000 for the S and P 500 rising four of the last five years.

But the month of September, we know tends to be the worst for stocks and taking a look at the monthly jobs report for August.

Coming up on Friday economist, forecasting the labor market to rebound from July's weaker than expected.

Numbers non farm payrolls expected to go up by 163,000.

Meanwhile, the unemployment rate takes down slightly to 4.2% and ahead of that data will get other reads on the labor market.

We got job openings and labor turnover survey.

We've also got ad p employment data as well and moving over to the fed will get a round of fed commentary after that report on Friday from fed President John Williams and Fed Governor Christopher Waller.

Investors will keep a close eye on all the new data and commentary as we count down to the feds, September meeting.