Is it possible for tech stock earnings reports to lead the market upward for the first four days, only to be disrupted by non-farm payroll data on the fifth day, resulting in a pullback?

Longbridge - 资深韭菜
资深韭菜

This week is unusually lively, as major tech stocks are successively announcing their earnings reports, along with a series of economic data set to be released.

10/30 08:30 Q3 GDP data ⭐️⭐️⭐️

10/31 08:30 Wage growth data ECI ⭐️⭐️⭐️

10/31 08:30 Core PCE (data of interest to the Federal Reserve) ⭐️⭐️

11/01 08:30 Unemployment rate data ⭐️⭐️⭐️⭐️⭐️

11/01 08:30 Non-farm payroll data ⭐️⭐️⭐️⭐️⭐️

11/01 10:00 Manufacturing index data ⭐️⭐️⭐️⭐️

The data that may cause a shock is the non-farm payroll data, with market predictions at 110,000 and Bloomberg predicting -10,000.

$S&P 500(.SPX.US)$SPDR S&P 500(SPY.US)$iShares Russell 2000(IWM.US)

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