Jobs data, Elon Musk’s delayed Twitter deposition, Levi Strauss wins week on top

The next week for investors on Wall Street will focus on key employment data as the final quarter of 2022 kicks off, as well as corporate earnings from big names like Conagra Brands, owner of brands like Birds Eye and Duncan Hines and Lévi Strauss clothing brand.

US stocks closed the month and quarter on Friday with losses as volatility soared. Concerns about a recession and inflation pushed the Dow Jones Industrial Average into bearish territory.

For the month, the Dow Jones and S&P 500 lost 9%, while the tech-heavy Nasdaq Composite fell 10.5%.

Teleprinter Security Last To change To change %
Me: DJI DOW JONES AVERAGES 28725.51 -500.10 -1.71%
SP500 S&P500 3585.62 -54.85 -1.51%
I: COMP NASDAQ COMPOSITE INDEX 10575.618672 -161.89 -1.51%

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

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monday 3/10

Construction spending and the ISM manufacturing PMI will kick off the week for economic data.

Teleprinter Security Last To change To change %
XPER XPERI HOLDING CORP. 14.14 -0.08 -0.56%

Tech company Xperi will ring the opening bell on the New York Stock Exchange to commemorate the completion of its spinoff as a standalone, publicly traded entity. Meanwhile, Adeia, Xperi Holding Corporation’s newly renamed independent intellectual property licensing business, will ring the closing bell at the Nasdaq MarketSite.

Xperi will trade under the symbol XPER, while Adeia will trade under ADEA.

Atlanta Fed Chairman Raphael Bostic will deliver keynote remarks and participate in a moderated discussion ahead of the 2022 Technology-Enabled Disruption (TED) Conference, hosted by the Federal Reserve Banks of Atlanta, Richmond and Dallas. Richmond Fed President Thomas Barkin will also speak at the conference. Additionally, Kansas City Fed President Ester George will speak on payments ahead of the Federal Reserve Bank of Chicago’s Payments Symposium.

American flags fly in front of the New York Stock Exchange on September 23, 2022 in New York City. (AP Photo/Mary Altaffer/AP Newsroom)

Other notable events include the Moscow Stock Exchange’s end of trading in sterling and a settlement conference related to an investor lawsuit against Tesla over chief executive Elon Musk’s tweets.

FED BRAINARD WARNS RESTRICTIVE INTEREST RATES MAY BE NEEDED ‘FOR A TIME’

Tuesday 10/4

Lighting and building management company Acuity Brands will be in the spotlight on Tuesday before the market opens. On the economic data front, investors will receive reports on factory orders, durable goods and the latest job openings data from the Job Openings and Labor Turnover Survey. ‘work. (RELIEF) report.

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AYI ACUITY BRANDS INC. 157.51 +3.32 +2.15%

New York Fed President John Williams will deliver a keynote address ahead of the bank’s “Culture and the New Workplace” webinar. Additionally, Dallas Fed President Lorie Logan will deliver a welcome address ahead of the 2022 Technology-Enabled Disruption (TED) Conference, Cleveland Fed President Loretta Mester will speak on payments at the symposium on Chicago Fed Payments and San Francisco Fed President Mary Daly will participate in a conversation. ahead of a hybrid event with the Council on Foreign Relations.

Wednesday 10/5

Helen of Troy, owner of brands such as Braun, Honeywell and Vicks, as well as maker of frozen potato products Lamb Weston report before the market opens.

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HELLO HELEN OF TROY LTD. 96.44 -2.88 -2.90%
L.W. LAMB WESTON HOLDINGS INC. 77.40 -0.69 -0.88%

Meanwhile, the ADP National Employment Report, International Trade Balance, ISM Non-Manufacturing PMI, Weekly Mortgage Applications and Weekly Crude Inventories from the Energy Information Administration are on deck for the data. economic.

Federal Reserve Bank of Atlanta President Raphael Bostic will also speak on “Staying Resolute in the Battle Against Inflation” ahead of the Northwestern University Institute for Policy Research’s Distinguished Public Policy virtual conference.

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Thursday 10/6

Thursday will be the busiest day for earnings with food company Conagra Brands, spirits maker Constellation Brands and spice maker McCormick & Co. reporting ahead of the market open. Communications provider IDT Corp and Levi Strauss report after the bell. As for economic data, investors will be watching the latest initial and continuing unemployment insurance claims.

Also on Thursday, Chicago Fed President Charles Evans will participate in a moderated Q&A session with the Illinois Chamber of Commerce, and Cleveland Fed President Loretta Mester will speak on monetary policy. and economic outlook before the Council for Economic Education’s “Economists event on the economy”.

Teleprinter Security Last To change To change %
TGT TARGET CORP. 148.57 -3.19 -2.10%
GOOGL ALPHABET INC. 95.65 -1.77 -1.82%
TWTR TWITTER INC. 43.94 +1.18 +2.76%

Other notable events include Target’s second Deal Days 2022 event, Google’s unveiling of the latest Pixel lineup, and Elon Musk’s delayed deposition in his ongoing legal battle with Twitter.

Friday 10/7

The end of the week will be the September employment report, inventories and wholesale sales and consumer credit. New York Fed President John Williams will also participate in a fireside chat and moderated Q&A hosted by SUNY Buffalo State

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