Corporate Earnings and Insights - Nike (NKE) earnings may provide insights into consumer trends, while USA Rare Earth (USAR) and Trilogy Metals (TMQ) will offer a health check on the minerals industry [4][6] - Alcoa (AA) stock rose 8% in premarket trading after news of Iranian attacks on aluminum plants in the UAE and Bahrain, raising concerns about supply disruptions [19][20] - Shares of Century Aluminum (CENX) also surged by 9% in premarket trading due to expectations of higher aluminum prices [19] Labor Market Indicators - This week, investors will focus on labor market readings from the Job Openings and Labor Turnover Survey (JOLTS), the ADP private payrolls report, and the critical March jobs report [3][6] Oil Market Dynamics - Oil prices increased, with Brent crude trading around $115 per barrel, up 2.6%, and West Texas Intermediate (WTI) crude at approximately $101.40 per barrel, up 1.75% [13] - The US Treasury has played a significant role in the Middle East conflict, releasing sanctions on Russian and Iranian oil to address a market deficit of around 12 million barrels per day [11] - The Bab el-Mandeb Strait's safety is threatened by the Houthis, which could lead to a loss of 7 million barrels per day if the strait is blocked [15] Aluminum Market Impact - Aluminum prices jumped over 4% to trade at $3,341 due to strikes on aluminum plants in the Middle East, which supply around 9% of the world's aluminum [18][19]