Tuesday, September 2, 2025<\/p>\n
Considering we have no major economic or Q2 earnings reports out ahead of today\u2019s holiday-shortened week, it has the capacity to be quite impactful to the stock market. That\u2019s because this is also Jobs Week, where all the major monthly (and weekly) employment reports hit the tape between now and Friday morning.<\/p>\n
Due to the Monday holiday, we\u2019re also seeing these reports pushed back a day for Job Openings and Labor Turnover Survey (JOLTS) and private-sector payrolls from Automatic Data Processing ADP<\/a> to Wednesday and Thursday, respectively. The JOLTS numbers reflect July\u2019s employment numbers and ADP\u2019s are for August.<\/p>\n Also on Thursday, as most Thursdays throughout the course of the year, Weekly Jobless Claims will hit the tape. These have been a marvel of consistency over the past few months: after ramping up rather quickly to +150K new jobless claims back in early June, we\u2019ve settled around 230K today. Longer-term claims have been at or over +1.94 million for 12 straight weeks without once touching the psychologically significant 2 million longer-term claims.<\/p>\n The big labor market report, as it is every Jobs Week, is the known as the Employment Situation, released by the U.S. Bureau of Labor Statistics (BLS). Friday will mark the first Employment Situation report since the firing of the head of BLS by President Trump following the most recent report\u2019s release. Expectations are not for big improvements month over month: +75K new jobs having been filled, versus +73K reported a month ago.<\/p>\n This is, incidentally, exactly the estimate for this week\u2019s ADP tally: +75K. Numbers at these levels would represent a deficit considering the number of Baby Boomers and now older GenX retiring from the workforce per month. Even still, these would be better than we saw in May or June, which only reached +33K combined.<\/p>\n These lower jobs numbers are the main reason the Fed is looking to cut interest rates in another couple weeks. Even a surprise to the upside \u2014 say, to 110K new jobs filled last month \u2014 would not be enough to change the Fed\u2019s plans to cut rates. Thus, a weaker Jobs Week would not be the worst news we could receive between now and Friday.<\/p>\n What to Expect from the Stock Market Today Pre-market futures are sinking at this hour, taking major indexes below trading levels five workdays ago. The 30-year bond yield has surged to +4.99% this morning \u2014 the highest it\u2019s been since crossing over the +5% threshold back in July, with the 10-year back up to +4.30% and the 2-year +3.67%. Much of the current U.S. tariff policy has been declared illegal by a high court. Paying back the tariff gains is not a specter any U.S. investor would care to acknowledge at this point.<\/p>\n Questions or comments about this article and\/or author? Click here>><\/a><\/p>\n \t5 Stocks Set to Double<\/p>\n \n\tEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include<\/p>\n \n\tStock #1: A Disruptive Force with Notable Growth and Resilience<\/p>\n \n\tStock #2: Bullish Signs Signaling to Buy the Dip<\/p>\n \n\tStock #3: One of the Most Compelling Investments in the Market<\/p>\n \n\tStock #4: Leader In a Red-Hot Industry Poised for Growth<\/p>\n \n\tStock #5: Modern Omni-Channel Platform Coiled to Spring<\/p>\n \n\tMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.<\/p>\n Download Atomic Opportunity: Nuclear Energy’s Comeback free today.<\/a><\/p>\n Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report<\/a><\/p>\n Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report<\/a><\/p>\n Invesco QQQ (QQQ): ETF Research Reports<\/a><\/p>\n SPDR S&P 500 ETF (SPY): ETF Research Reports<\/a><\/p>\n SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports<\/a><\/p>\n This article originally published on Zacks Investment Research (zacks.com).<\/a><\/p>\n
After the opening bell this morning, S&P Manufacturing PMI and ISM Manufacturing reports \u2014 both for August \u2014 will come out. On the S&P side, 53.3 is the level expected \u2014 in-line with the month-ago number \u2014 and above the 50 level, which determines growth from loss. ISM Manufacturing is expected to climb to +48.5% from +48.0% reported a month ago, but still beneath that 50 threshold.<\/p>\n