Jobless claims, Fed comments, earnings: What to watch
Yahoo Finance's Seana Smith takes a look ahead to what investors should pay attention to on Thursday, September 7, including the most recent jobless claims data, Fed commentary following its Beige Book report, as well as earnings from DocuSign (DOCU), Zumiez (ZUMZ), and RH. Smith also hints at what to expect from President Biden's trip to the G20 Summit in India.
Video Transcript
SEANA SMITH: Well, here's what to watch tomorrow. We will get jobless claims at 8:30 AM Eastern time. Claims are expected to fall slightly from 235,000 to 228,000. Last week's jobs report reported a-- pointed to a cooling labor market with the unemployment rate ticking up to 3.8%.
Throughout the day, we will also hear from a number of fed officials, including the presidents in Philly, Chicago, New York, Dallas, and Atlanta. Their commentary comes as investors digest the fed's Beige Book, which did show slowing economic activity across several districts and headlines from Boston Fed President Susan Collins that more rate hikes could be warranted.
After the closing bell, we'll get earnings results from DocuSign, RH, and Zumiez. That's not all. President Biden traveling to India for the G20 summit. The president is expected to push for World Bank reform and more funding for climate change.
