Stocks Retreat as the US Attacks Iran

Market focus this week will be on US-Iran war news, corporate earnings, and economic news. Later today, the Feb ISM manufacturing index is expected to fall -1.1 to 51.5. On Wednesday, the Feb ADP employment change is expected to increase by +40,000. Also, the Feb ISM services index is expected to slip by -0.3 to 53.5. In addition, the Fed releases its Beige Book. On Thursday, weekly initial unemployment claims are expected to increase by +3,000 to 215,000. Also, Q4 nonfarm productivity is expected to be up ...