Wall Street Week Further: Spotlight on Trump Trade War, Jobs and Manufacturing Data

Wall Street Week Further: Spotlight on Trump Trade War, Jobs and Manufacturing Data


Wall Street Investors will have a lot of economic data to see in the coming week. The major spotlight will be on Jobs data for January, the initial consumer spirit report of the University of Michigan and manufacturing data for January.

In addition to economic data, Donald Trump is likely to show some reactions to the trade war in the markets, which impose extensive tariffs on imports from Canada, Mexico and China by the US.

In vengeance, Canada and Mexico have also ordered tariffs on goods from the US.

The earning season will be in mind with big companies Google– Parent Alphabet, Walt Disney,

Qualcomm, Tyson Foods, Merc, and PepsiCo slate to declare their results.

Economic calendar

On 3 February (Monday), separate report on S&P final US manufacturing PMI for January, ISM manufacturing for January, and TBA Auto Salesfore will be released on January.

Separate reports will be issued on 4 February (Tuesday) at the opening of the job for December and factory orders for December.

On 5 February (Wednesday), ADP Employment for January, US trade deficit for December, S&P final US services PMI for January, and ISM services for January will be released.

On 6 February (Thursday), separate reports and US productivity will be released on early unemployed claims for the week ended on 1 February.

On 7 February (Friday), separate reports on US employment, unemployment for January, consumer spirit (prelims) for January and consumer credit for December will be released.

Q4 Income

The following companies are due to the fourth quarter -earning report in the front week – Palatir Technologies, NXP Semcandters, IDXX Laboratories, Tyson Foods, Chlorox, Alphabet, Merc, Merc, PepsiCoAdvanced Micro devices, Majen, Novo Nordisk, Walt Disney, Qualcomm, Arm Holdings, Uber Technologies, Elli Lily, Linde, Honeywell International, Konocophyllips, Neurocoples, Neurocaine Biochenes, Bristle-Myers Squad, Fortiv, CBOs, Banocke O, And Kimco Realty.

Market last week

The US stock ended at the threat of President Donald Trump’s tariff on Friday.

S&P 500 lost 31.10 points, or 0.51 percent, finished at 6,040.07 points, while the NASDAQ composite was lost at 58.47 points or 0.30 percent, 19,623.27. Dow Jones Industrial Average fell 341.68 points or 0.76 percent to 44,540.45.

The yield on a 10 -year treasury was 4.52 percent to 4.54 percent.

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