Jobs
September jobs report, port strike: What to watch next week
Market Domination Hosts Julie Hyman and Josh Lipton break down what to watch next week.
Tesla (TSLA) is expected to report its third quarter delivery numbers on Wednesday. Analysts expect deliveries to come in at about 462,000, with some projecting it to be as high as 470,000.
Monthly JOLTS (Job Openings and Labor Turnover Survey) data will be released on Tuesday. Economists anticipate openings will increase to 7.7 million in August. On Friday, investors will get the September jobs report, where they expect 130,000 nonfarm payroll jobs to be added and the unemployment rate to hold steady at 4.2%.
Nike (NKE), ConAgra (CAG), Cal-Maine Foods (CALM), Carnival (CCL), Levi’s (LEVI), and Constellation Brands (STZ) are all expected to report their earnings next week.
Finally, Tuesday could mark the start of the first port strike along the Gulf and East Coast in nearly 50 years.
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This post was written by Melanie Riehl