Levi Strauss’ jobs, consumer credit and earnings report tops the week ahead

Investors will get a break on Monday as the New York Stock Exchange will be closed for the July 4 holiday. While the week ahead will be light on earnings, Wall Street will focus on the latest jobs and consumer-related data.

Shares bounced back and forth between losses and gains on Friday, eventually closing higher across the board as momentum picked up in the final hour of trading. The Dow Jones Industrial Average climbed 321.83 points, or 1.05%, to 31,097.26. Meanwhile, the S&P 500 and the Nasdaq composite rose 1.04% and 0.9%, respectively.

Teleprinter Security Last To change To change %
Me: DJI DOW JONES AVERAGES 31097.26 +321.83 +1.05%
SP500 S&P500 3825.33 +39.95 +1.06%
I: COMP NASDAQ COMPOSITE INDEX 11127.845123 +99.11 +0.90%

FOX Business takes a look at upcoming events that are likely to move Financial markets in the coming days.

tuesday 7/5

Kicking off the week for economic data will be durable goods and factory orders. In addition, private investment firm Allen & Company will hold its annual Sun Valley Conference.

STOCK MARKET NEWS: DOW, S&P, NASDAQ GAIN, AIRLINES STRONG WITH JULY 4 TRAVEL CHAOS

Teleprinter Security Last To change To change %
TSLA TESLA INC. 681.79 +8.37 +1.24%
MSFT MICROSOFT CORP. 259.58 +2.75 +1.07%
AAPL APPLE INC. 138.93 +2.21 +1.62%
META META PLATFORMS INC. 160.03 -1.22 -0.76%
BRK.A BERKSHIRE HATHAWAY INC. 415,850.00 +6,900.00 +1.69%
GOOGL ALPHABET INC. 2,174.75 -4.51 -0.21%
CMCSA COMCAST CORP. 40.29 +1.05 +2.68%
PARA WORLD PARAMOUNT 25.21 +0.53 +2.15%
NFLX NETFLIX INC. 179.95 +5.08 +2.91%
SAY THE WALT DISNEY CO. 96.14 +1.74 +1.84%

According to Variety, this year’s guests will include Tesla CEO Elon Musk, Microsoft co-founder Bill Gates, Apple CEO Tim Cook, Meta CEO Mark Zuckerberg, Berkshire Hathaway Chairman and CEO Warren Buffett , Alphabet CEO Sundar Pichai, Comcast Chairman Brian Roberts, Paramount Non-Executive Global Chairman Shari Redstone, Netflix co-founders Reed Hastings and Ted Sarandos, and Disney CEO Bob Chapek.

Teleprinter Security Last To change To change %
COST COSTCO WHOLESALE CORP. 485.76 +6.48 +1.35%

Tuesday also marks the start of Costco’s new requirement that New Jersey customers must be members to purchase gas.

THE WILL OF CONSUMERS TO CONTINUE TO “WALK FORWARD” WILL SOON BE “VERY DIFFICULT”: DIRECTOR OF THE ECONOMIC COUNCIL OF RMF

Wednesday 7/6

The economy on Wednesday’s schedule will include Fed minutes, the JOLTS report, ISM non-manufacturing PMI and weekly mortgage applications.

Federal Reserve Bank of New York President John Williams delivers opening and closing remarks ahead of the New York Fed Culture Web Series: “Shifting Norms? The Intersection of Technology and Culture in Financial Services organized by the Federal Reserve Bank of New York.

Immigration rights activists hold a rally outside the U.S. Supreme Court in Washington, DC on November 12, 2019, as the court hears arguments over the end of the Deferred Action for Foreign Arrivals (DACA) program children) of the Obama era. (Photo by SAUL LOEB/AFP via Getty Images/Getty Images)

The Fifth Circuit Court of Appeals will also hold a hearing on the Biden administration’s attempt to overturn a blocking of new DACA candidates.

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Thursday 7/7

Thursday will feature Levi Strauss and WD-40 after the bell.

Teleprinter Security Last To change To change %
LEVI LEVI STRAUSS & CO. 16.01 -0.31 -1.90%
WDFC WD-40CO. 199.78 -1.58 -0.78%

On the economic data front, investors will digest the foreign trade balance, the latest initial and continuing jobless claims, and weekly crude inventories from the Energy Information Administration.

St. Louis Fed President James Bullard will also make a presentation on the United States economy and monetary policy prior to the Little Rock Regional Hybrid Chamber’s Power Up Little Rock Luncheon.

Friday 7/8

The end of the week for economic data will be the June jobs report, inventories and wholesale sales, and consumer credit.

New York Fed President John Williams will also speak and participate in a discussion on monetary policy, the economic outlook for the United States and Puerto Rico, and economic trends ahead of the event hosted by the Mayagüez campus. from the University of Puerto Rico.

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