On the economic calendar, a slew of data will be released including the ISM numbers on Monday along with the ISM Services report on Wednesday. Auto and Truck sales release on Tuesday along with Factory Orders. As always, on Thursday Weekly Jobless Claims release.
But the big focus will be on the Friday’s Jobs Report, which will give the latest state of labor in the country including the average hourly earnings and nonfarm payrolls. The markets will also be watching to see if the unemployment rate changes from 5.1%.
Third quarter earnings season is in full swing and traders will be keeping a close eye on several reports.
Allstate (ALL) and Dow Component Visa (V) kick off on Monday. Other names to highlight includes Tesla (TSLA) out after the bell on Tuesday. Facebook (FB) follows on Wednesday, along with MetLife (MET). The ‘House of Mouse’ Walt Disney (DIS) and Shake Shack (SHAK) report on Thursday. Finally, Cigna (CI) is one of the major companies to finish the week on Friday.
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