The week will feature quarterly earnings from Apple, Eaton, DuPont, Qnity Electronics, Cardinal Health, and Kimberly-Clark, along with several U.S. labor-market reports. Friday’s nonfarm payrolls report is expected to show 75,000 jobs added and an unchanged unemployment rate of 4.2%, data that will shape expectations for Federal Reserve rate hikes. Tuesday’s federal midterm elections will also be a major focus because of their potential impact on the artificial-intelligence investment trade and oil prices. The week’s economic calendar also includes manufacturing and services indicators, factory orders, and the JOLTS labor-market survey.
Source: Read the original article


