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Story perspectives

January Jobs Report and Major Earnings Shape Market Focus

2/3/2025

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Story summary
  • The January employment report and job data will be central to this week's labor market focus.
  • Major earnings reports are expected from Alphabet, Amazon, Disney, and pharmaceutical companies Novo Nordisk and Eli Lilly.
  • Fed officials will address the market as jobless claims and trade deficit data are anticipated.
  • Key economic indicators include PMI reports, construction spending, and consumer credit trends.
  • The January jobs report may indicate ongoing labor market strength following December's surprising job growth.