Economic Data and Market Outlook - The upcoming week will feature significant economic data, including the nonfarm payroll report and the purchasing managers' index (PMI), which are expected to impact market sentiment [1][4] - The PMI report on Monday will provide insights into the economy, while the job openings report (JOLTS) on Tuesday may offer clues for the labor report on Friday [1][2] Company Earnings and Sector Insights - Albertsons is set to report earnings on Wednesday, with a focus on food inflation and potential declines in snack and junk food sales due to the rise of GLP-1 weight loss drugs [2] - Jefferies Financial Group's earnings will also be monitored, as the company may benefit from regulatory changes under the new Federal Trade Commission leadership [2] - Constellation Brands is facing challenges due to new advisories about alcohol as a carcinogen and concerns over import tariffs on its Mexican products, although there remains optimism about its growth [4] - Delta Airlines is expected to report positive profits, but the outlook for the drugstore business remains uncertain [4] Market Events and Observations - The market will be closed on Thursday for former President Jimmy Carter's funeral, with limited consequential news expected that day [3] - The Labor Department's nonfarm payroll report on Friday is critical, as lower wage growth and disappointing hiring could lead to a decrease in the 10-year Treasury yield [4]
Cramer's week ahead: nonfarm payrolls, PMI and earnings from Albertsons