Jobs Report Preview
What’s in Today’s Report:
- Jobs Report Preview
Futures are mixed as continued weakness in chip and AI-related stocks offsets Wednesday’s post-election rally.
Oil prices are rebounding amid rising uncertainty surrounding the war with Iran.
Today focus will be on Jobless Claims (E: 196K) and Productivity & Costs (E: 3.0%, 1.1%). These will provide another look at labor-market conditions and wage pressures ahead of Friday’s jobs report.
Finally, we have 4- & 8-Week Treasury bill auctions at 11:30 a.m. ET, while Fed speakers include Hammack (8:50 a.m. ET), Barkin (9:10 a.m. ET), and Logan (7:00 p.m. ET). Earnings today include COP ($3.06), SONY ($0.38), MNST ($0.30), ABNB ($2.86), and DUK ($1.87).
Alpha Webinar Today at 1:30 p.m. ET: Is AI’s Pullback a Warning or a Buying Opportunity?
The latest earnings season sparked renewed concerns about AI spending, data center profitability and the availability of financing, helping push the Nasdaq more than 10% below its highs.
But is this simply a case of lofty expectations catching up with reality, or are we seeing signs of a more serious problem?
That’s what I’ll examine in today’s live Sevens Report Alpha webinar at 1:30 p.m. ET.
I’ll review the latest AI earnings, assess funding conditions and identify the upcoming events that could either deepen the selloff or create another buying opportunity.
Subscribers will also receive the full slide deck and recording, which can be used immediately in client conversations.
Click here to learn more about today’s Alpha webinar and how to attend.
