Monthly employment data is due out today
Today nonfarm payrolls data is on tap, in addition to an unemployment rate update, average hourly earnings, and the labor force participation rate. A wholesale inventories revision is also on the docket.
No public companies are slated to release corporate earnings today, July 8.
In case you missed it, we just published What the Alphabet Stock Split Means for Google Investors ahead of GOOGL’s anticipated 20-for-1 stock split scheduled for July 15. If you want to know more about stock splits and if you should buy a stock ahead of a stock split, how stock splits affect current shareholders, and more, check out Everything Investors Need to Know About Stock Splits.
Looking ahead to next week, the third quarter will kick into high gear, with some key economic indicators to unpack as investors make their way through July. June’s consumer price index (CPI) will be closely watched, while inflation expectations could also offer clues as to what lies ahead for the economy. The earnings docket is heating up as well, with Citigroup (C), Conagra (CAG), Delta Air Lines (DAL), JPMorgan Chase (JPM), Morgan Stanley (MS), PepsiCo (PEP), UnitedHealth (UNH), as well as Wells Fargo (WFC) set to report next week.
All economic dates listed here are tentative and subject to change.