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Delayed Economic Data & NVDA Earnings: Two Market Catalysts This Week
Youtube· 2025-11-17 14:30
Market Overview - Futures are experiencing pressure, but there was some optimism from dip buying on Friday, indicating less uncertainty in the market [1] - The focus for the week is on Nvidia's earnings report, which is expected to impact many stocks driving the market [2][6] Economic Data and Fed Influence - The CME Fed watch tool indicates a decrease in the probability of a 25 basis point cut from 90% to 42.9%, reflecting market uncertainty influenced by Fed speakers [4] - Upcoming economic data, including jobs data and Fed minutes, will be crucial for market sentiment [3][4][10] Consumer Insights - Walmart's earnings report is anticipated to provide significant insights into the strength of the US consumer, alongside other retailers like Home Depot and TJX [6][7] - Recent Bank of America data has already provided a glimpse into consumer behavior, which will be further clarified by upcoming earnings [6][7] Key Economic Indicators - The market is awaiting delayed economic data, including construction spending, factory orders, and international trade, which are expected to be released this week [9][12] - The consensus expectations for the September jobs report are 50,000 jobs added and a 4.3% unemployment rate, which would indicate a strong economy if met [13]