U.S. stocks are poised for a muted open on Monday, ahead of the latest data on the health of the labor market, including November payrolls and unemployment data, and the latest report on job openings.
At 6:15 p.m. ET Sunday, Dow Jones Industrial Average futures gained 8 points, or less than 0.1%, while the S&P 500 futures lost less than 0.1%, and Nasdaq Composite futures lost 0.2%.
This week’s notable earnings include: GitLab on Monday, and AutoZone, J.Jill, J.M. Smucker, Lands’ End, MongoDB, NIO, Signet Jewelers, Stitch Fix, and Toll Brothers on Tuesday.
Brown-Forman, C3 AI, Campbell Soup, Chewy, GameStop, Ollie’s Bargain Outlet, United Natural Foods, and Veeva Systems report earnings on Wednesday; and Broadcom, Cooper Cos., Dollar General, Lululemon Athletica, and RH report on Thursday.
Among this week’s notable economic events, the Bureau of Labor Statistics will release the latest Job Openings and Labor Turnover Survey (JOLTS) report on Tuesday, and the Institute for Supply Management will release its Services Purchasing Managers’ Index for November.
On Wednesday, ADP will release its National Employment Report for November. On Thursday, the Labor Department will release initial unemployment benefits claims for the week ended Dec.2.
On Friday, BLS will release the jobs report for November, including nonfarm payrolls and the unemployment rate. Also Friday, the University of Michigan will report the Consumer Sentiment Index for December.
Write to Janet H. Cho at [email protected]
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