In This Article:
ADP is set to report August's private payroll employment data tomorrow morning alongside the prior week's weekly jobless claims.
Chip maker Broadcom (AVGO) will post its fiscal third quarter earnings results alongside other companies like Nio (NIO), DocuSign (DOCU), and Rent the Runway (RENT).
Lastly, Freddie Mac will publish the latest print for US mortgage rates.
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This post was written by Luke Carberry Mogan.
Time now for what to watch Thursday, September 5th, starting off on jobs. The monthly ADP employment report for August is coming out in the morning. Consumes forecast that number to increase to 145,000, giving us a clear picture of the labor market. And more on the jobs front, we're going to be getting weekly jobless claims numbers. That number is expected to dip slightly to 230,000. Moving over to earnings, a new batch of earnings coming out tomorrow, Broadcom reporting third quarter earnings after the close. And finally, we'll get new weekly mortgage rate data from Freddie Mac. Rates have dropped the last two weeks, good news for home buyers navigating what we know is a sluggish housing market. That's a wrap on today's asking for a trend. Have a great night.
