economy
The 3 Big Things We're Watching in the Stock Market in the Week Ahead
The war in Iran remains the biggest market driver. But a fresh batch of jobs data and earnings from Club name Nike matter, too.
TL;DR
- The war in Iran is the dominant driver of market action, with ongoing conflict likely to keep oil prices elevated and increase inflation risks.
- Key jobs data, including the JOLTS report, ADP private payrolls, weekly jobless claims, and the crucial March nonfarm payrolls report, will be released, providing insights into labor market strength and potential stagflation.
- Nike is set to report earnings, with focus on its struggling China business and North American performance, as investors worry about the impact of stagflation on consumer spending.
- Other economic data includes consumer confidence and retail sales reports, along with manufacturing and services activity indices from the ISM.