A mostly solid second quarter—even with June's struggles--ends today with investors anticipating May job openings data due soon after the open and Nike results after the close.
With the jobs data due after the open and Nike earnings this afternoon, stocks were little-changed early Tuesday after major indexes snapped back to start the week.
The June nonfarm payrolls is expected on Thursday. SCFR's Kevin Gordon examines the factors in the report that may drive Fed monetary policy in his latest look at the week ahead.
The tech sector was hit with selling pressure and volatility this week, despite lower oil prices and yields, as money continues to flow towards other areas of the economy.
Though the tech-heavy Nasdaq is down 4% this week, market breadth keeps improving amid strength in other sectors. Consumer sentiment arrives today, and jobs data come next week.
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