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US stock futures (ES=F, NQ=F, YM=F) are moving higher in Monday's pre-market trading of March as Wall Street anticipates the February jobs report due out this Friday and braces for President Trump's tariffs against Canada, Mexico, and China to take effect.
Major retailers Target (TGT), Costco (COST), Abercrombie & Fitch (ANF), and more are set to post their latest earnings results throughout this week.
After bitcoin (BTC-USD) soared back above $90,000 over the weekend, Trump gave a new statement on the coins that will be included in the US strategic crypto reserve.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Luke Carberry Mogan.
And let's give you the three things that you need to know today.
First up, everyone, US stock futures kicking off the start of the March trading here in the green ahead of a big week for earnings. Economic data and tariff stats on deck, and of course, the S&P 500 starting the month barely in the green as we're taking a look at futures right now, holding up on those fractional gains. This after wiping out nearly all of its gains this year while global stocks have outperformed. Traders will be on watch for February non-farm payrolls, which will provide the latest insights into the health of the labor market and could fuel growth concerns. Meanwhile, investors bracing for the imposition of tariffs, which would be among the most sweeping of the Trump era, applying to a roughly 1 and a half trillion dollar to annual imports there. Plus a number of retail earnings reports are set to be released here this week with the likes of Target, Costco and Abercrombie set to report earnings. Now, investors will be looking for any signs of a slowdown here in the consumer as recent confidence data showed a decline in sentiment.
First up, everyone, US stock futures kicking off the start of the March trading here in the green ahead of a big week for earnings.
And Bitcoin is fluctuating today after its rally lost some steam sparked by President Trump's latest announcements on strategic crypto reserves. The president announcing that the US will include three lesser known digital tokens, XRP, Solana and Cardano, will be added to the digital asset stockpile. The announcement comes as his cryptozar, David Sachs, prepares to host the White House's first industry summit this Friday.