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- Radical747Radical747
  ·2023-04-03
  Hello 👋
  Jobs Report, FedEx, Walmart, and More to Watch This Short Week
  By Nicholas Jasinski It will be a holiday-shortened trading week with several major economic-da
  Jobs Report, FedEx, Walmart, and More to Watch This Short Week
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U.S. stock markets will be closed on Good Friday, while bond markets will have a half day. Jobs Friday that morning will still be this week's highlight. \n</p>\n<p>\n     Economists collectively expect to see an increase of 200,000 U.S. jobs in March, versus 311,000 nonfarm payrolls added in February. Consensus is for the unemployment rate to remain at 3.6%. \n</p>\n<p>\n     The Bureau of Labor Statistics will also release the Job Openings and Labor Turnover Survey on Tuesday. Economists forecast a decline of 400,000 job openings, to 10.45 million, on the last business day of February. \n</p>\n<p>\n     Other economic data out this week will include the Institute for Supply Management's Manufacturing Services Purchasing Managers' Index for March on Monday, followed by the Services equivalent on Wednesday. Both PMIs are expected to be about even with their February readings. \n</p>\n<p>\n     This week's corporate calendar is quieter, before JPMorgan Chase, Wells Fargo, and Citigroup kick off first-quarter earnings season next Friday. \n</p>\n<p>\n     Investor days from Walmart, FedEx, and Waste Management -- plus earnings from Conagra Brands, Lamb Weston Holdings, and Constellation Brands -- will be the highlights in the meantime. \n</p>\n<p>\n     Monday 4/3 \n</p>\n<p>\n     Broadcom and Walt Disney hold their annual shareholder meetings. \n</p>\n<p>\n     The Institute for Supply Management releases its Manufacturing Services Purchasing Managers' Index for March. Consensus estimate is for a 47.5 reading, about even with the February data. The index has had four consecutive readings below 50, indicating contraction in the manufacturing sector. \n</p>\n<p>\n     The Census Bureau reports construction spending data for February. Spending is expected to remain flat month over month at a seasonally adjusted annual rate of $1.83 trillion. \n</p>\n<p>\n     Tuesday 4/4 \n</p>\n<p>\n     Walmart convenes a two-day investor meeting. \n</p>\n<p>\n     The Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey. Economists forecast 10.45 million job openings on the last business day of February, nearly 400,000 fewer than in January. Job openings are off their peak of 12 million in March of 2022 but remain historically elevated with 1.8 openings for every unemployed person. \n</p>\n<p>\n     Wednesday 4/5 \n</p>\n<p>\n     ADP releases its National Employment Report for March. Consensus estimate is for the economy to add 200,000 private-sector jobs, about 42,000 fewer than in February. Wage growth increased 7.2% year over year in February, led by the leisure and hospitality industry with a 10.1% gain. \n</p>\n<p>\n     Conagra Brands announces fiscal-third-quarter 2023 results. \n</p>\n<p>\n     FedEx holds an investor meeting in New York to discuss its Drive initiative, a cost-cutting plan that the company expects to deliver more than $4 billion in annualized savings by fiscal 2025. \n</p>\n<p>\n     Waste Management hosts an investor day to discuss its sustainability initiatives. \n</p>\n<p>\n     The ISM releases its Services PMI for March. Consensus call is for a 53.8 reading, slightly lower than in February. Unlike the ISM's Manufacturing PMI, the Services PMI is comfortably above the expansionary level of 50, and has had only one reading below 50 in the past two years, as postpandemic revenge travel and spending have kept the services sector strong. \n</p>\n<p>\n     Thursday 4/6 \n</p>\n<p>\n     Constellation Brands and Lamb Weston Holdings release earnings. \n</p>\n<p>\n     The Department of Labor reports initial jobless claims for the week ending on April 1. Jobless claims averaged 198,250 in March and remain stubbornly low even after the Federal Reserve's many interest-rate hikes. \n</p>\n<p>\n     Friday 4/7 \n</p>\n<p>\n     Equity markets are closed in observance of Good Friday. Fixed-income markets are open but close at noon ET. \n</p>\n<p>\n     The BLS releases the jobs report for March. Expectations are for nonfarm payrolls to increase by 200,000, 111,000 fewer than in February. The unemployment rate is seen remaining unchanged at 3.6%, near a historic low. Job growth has exceeded expectations for 11 consecutive months, the longest such streak since at least 1998, according to Bloomberg data. \n</p>\n<p>\n     Write to Nicholas Jasinski at nicholas.jasinski@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2023 22:29 ET (02:29 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jobs Report, FedEx, Walmart, and More to Watch This Short Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJobs Report, FedEx, Walmart, and More to Watch This Short Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-04-03 06:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Nicholas Jasinski \n</p>\n<p>\n  It will be a holiday-shortened trading week with several major economic-data releases ahead of first-quarter earnings season. U.S. stock markets will be closed on Good Friday, while bond markets will have a half day. Jobs Friday that morning will still be this week's highlight. \n</p>\n<p>\n     Economists collectively expect to see an increase of 200,000 U.S. jobs in March, versus 311,000 nonfarm payrolls added in February. Consensus is for the unemployment rate to remain at 3.6%. \n</p>\n<p>\n     The Bureau of Labor Statistics will also release the Job Openings and Labor Turnover Survey on Tuesday. Economists forecast a decline of 400,000 job openings, to 10.45 million, on the last business day of February. \n</p>\n<p>\n     Other economic data out this week will include the Institute for Supply Management's Manufacturing Services Purchasing Managers' Index for March on Monday, followed by the Services equivalent on Wednesday. Both PMIs are expected to be about even with their February readings. \n</p>\n<p>\n     This week's corporate calendar is quieter, before JPMorgan Chase, Wells Fargo, and Citigroup kick off first-quarter earnings season next Friday. \n</p>\n<p>\n     Investor days from Walmart, FedEx, and Waste Management -- plus earnings from Conagra Brands, Lamb Weston Holdings, and Constellation Brands -- will be the highlights in the meantime. \n</p>\n<p>\n     Monday 4/3 \n</p>\n<p>\n     Broadcom and Walt Disney hold their annual shareholder meetings. \n</p>\n<p>\n     The Institute for Supply Management releases its Manufacturing Services Purchasing Managers' Index for March. Consensus estimate is for a 47.5 reading, about even with the February data. The index has had four consecutive readings below 50, indicating contraction in the manufacturing sector. \n</p>\n<p>\n     The Census Bureau reports construction spending data for February. Spending is expected to remain flat month over month at a seasonally adjusted annual rate of $1.83 trillion. \n</p>\n<p>\n     Tuesday 4/4 \n</p>\n<p>\n     Walmart convenes a two-day investor meeting. \n</p>\n<p>\n     The Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey. Economists forecast 10.45 million job openings on the last business day of February, nearly 400,000 fewer than in January. Job openings are off their peak of 12 million in March of 2022 but remain historically elevated with 1.8 openings for every unemployed person. \n</p>\n<p>\n     Wednesday 4/5 \n</p>\n<p>\n     ADP releases its National Employment Report for March. Consensus estimate is for the economy to add 200,000 private-sector jobs, about 42,000 fewer than in February. Wage growth increased 7.2% year over year in February, led by the leisure and hospitality industry with a 10.1% gain. \n</p>\n<p>\n     Conagra Brands announces fiscal-third-quarter 2023 results. \n</p>\n<p>\n     FedEx holds an investor meeting in New York to discuss its Drive initiative, a cost-cutting plan that the company expects to deliver more than $4 billion in annualized savings by fiscal 2025. \n</p>\n<p>\n     Waste Management hosts an investor day to discuss its sustainability initiatives. \n</p>\n<p>\n     The ISM releases its Services PMI for March. Consensus call is for a 53.8 reading, slightly lower than in February. Unlike the ISM's Manufacturing PMI, the Services PMI is comfortably above the expansionary level of 50, and has had only one reading below 50 in the past two years, as postpandemic revenge travel and spending have kept the services sector strong. \n</p>\n<p>\n     Thursday 4/6 \n</p>\n<p>\n     Constellation Brands and Lamb Weston Holdings release earnings. \n</p>\n<p>\n     The Department of Labor reports initial jobless claims for the week ending on April 1. Jobless claims averaged 198,250 in March and remain stubbornly low even after the Federal Reserve's many interest-rate hikes. \n</p>\n<p>\n     Friday 4/7 \n</p>\n<p>\n     Equity markets are closed in observance of Good Friday. Fixed-income markets are open but close at noon ET. \n</p>\n<p>\n     The BLS releases the jobs report for March. Expectations are for nonfarm payrolls to increase by 200,000, 111,000 fewer than in February. The unemployment rate is seen remaining unchanged at 3.6%, near a historic low. Job growth has exceeded expectations for 11 consecutive months, the longest such streak since at least 1998, according to Bloomberg data. \n</p>\n<p>\n     Write to Nicholas Jasinski at nicholas.jasinski@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2023 22:29 ET (02:29 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4581":"高盛持仓","BK4512":"苹果概念","BK4504":"桥水持仓","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","FDX":"联邦快递","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","BK4169":"酿酒商与葡萄酒商","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","STZ":"星座品牌","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","AVGO":"博通","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","BK4575":"芯片概念","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4524":"宅经济概念","SG9999001424.SGD":"United E-Commerce Fund SGD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc",".DJI":"道琼斯","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4588":"碎股",".IXIC":"NASDAQ Composite","LU0444971666.USD":"天利全球科技基金","WMT":"沃尔玛","LU1548497426.USD":"安联环球人工智能AT Acc","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1",".SPX":"S&P 500 Index","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","BK4551":"寇图资本持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324500627","content_text":"By Nicholas Jasinski \n\n\n  It will be a holiday-shortened trading week with several major economic-data releases ahead of first-quarter earnings season. U.S. stock markets will be closed on Good Friday, while bond markets will have a half day. Jobs Friday that morning will still be this week's highlight. \n\n\n     Economists collectively expect to see an increase of 200,000 U.S. jobs in March, versus 311,000 nonfarm payrolls added in February. Consensus is for the unemployment rate to remain at 3.6%. \n\n\n     The Bureau of Labor Statistics will also release the Job Openings and Labor Turnover Survey on Tuesday. Economists forecast a decline of 400,000 job openings, to 10.45 million, on the last business day of February. \n\n\n     Other economic data out this week will include the Institute for Supply Management's Manufacturing Services Purchasing Managers' Index for March on Monday, followed by the Services equivalent on Wednesday. Both PMIs are expected to be about even with their February readings. \n\n\n     This week's corporate calendar is quieter, before JPMorgan Chase, Wells Fargo, and Citigroup kick off first-quarter earnings season next Friday. \n\n\n     Investor days from Walmart, FedEx, and Waste Management -- plus earnings from Conagra Brands, Lamb Weston Holdings, and Constellation Brands -- will be the highlights in the meantime. \n\n\n     Monday 4/3 \n\n\n     Broadcom and Walt Disney hold their annual shareholder meetings. \n\n\n     The Institute for Supply Management releases its Manufacturing Services Purchasing Managers' Index for March. Consensus estimate is for a 47.5 reading, about even with the February data. The index has had four consecutive readings below 50, indicating contraction in the manufacturing sector. \n\n\n     The Census Bureau reports construction spending data for February. Spending is expected to remain flat month over month at a seasonally adjusted annual rate of $1.83 trillion. \n\n\n     Tuesday 4/4 \n\n\n     Walmart convenes a two-day investor meeting. \n\n\n     The Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey. Economists forecast 10.45 million job openings on the last business day of February, nearly 400,000 fewer than in January. Job openings are off their peak of 12 million in March of 2022 but remain historically elevated with 1.8 openings for every unemployed person. \n\n\n     Wednesday 4/5 \n\n\n     ADP releases its National Employment Report for March. Consensus estimate is for the economy to add 200,000 private-sector jobs, about 42,000 fewer than in February. Wage growth increased 7.2% year over year in February, led by the leisure and hospitality industry with a 10.1% gain. \n\n\n     Conagra Brands announces fiscal-third-quarter 2023 results. \n\n\n     FedEx holds an investor meeting in New York to discuss its Drive initiative, a cost-cutting plan that the company expects to deliver more than $4 billion in annualized savings by fiscal 2025. \n\n\n     Waste Management hosts an investor day to discuss its sustainability initiatives. \n\n\n     The ISM releases its Services PMI for March. Consensus call is for a 53.8 reading, slightly lower than in February. Unlike the ISM's Manufacturing PMI, the Services PMI is comfortably above the expansionary level of 50, and has had only one reading below 50 in the past two years, as postpandemic revenge travel and spending have kept the services sector strong. \n\n\n     Thursday 4/6 \n\n\n     Constellation Brands and Lamb Weston Holdings release earnings. \n\n\n     The Department of Labor reports initial jobless claims for the week ending on April 1. Jobless claims averaged 198,250 in March and remain stubbornly low even after the Federal Reserve's many interest-rate hikes. \n\n\n     Friday 4/7 \n\n\n     Equity markets are closed in observance of Good Friday. Fixed-income markets are open but close at noon ET. \n\n\n     The BLS releases the jobs report for March. Expectations are for nonfarm payrolls to increase by 200,000, 111,000 fewer than in February. The unemployment rate is seen remaining unchanged at 3.6%, near a historic low. Job growth has exceeded expectations for 11 consecutive months, the longest such streak since at least 1998, according to Bloomberg data. \n\n\n     Write to Nicholas Jasinski at nicholas.jasinski@barrons.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 02, 2023 22:29 ET (02:29 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}