The Week Ahead: Early March Brings PMI Readings, Jobs Data

• Manufacturing data (S&P PMI and ISM manufacturing) releases Monday, March 2, followed by services data (S&P services PMI and ISM services index) on Wednesday, March 4
• Employment data throughout the week includes the ADP report on Wednesday, weekly jobless claims on Thursday, and the full U.S. employment report with unemployment rate and wage data on Friday, March 6
• Earnings reports scheduled from retail giants Costco (COST) and Target (TGT), plus Best Buy (BBY), Broadcom (AVGO), AutoZone (AZO), and several other major companies

Market Summary: Week Ahead Economic Calendar & Earnings

Key Economic Data

The first week of March brings critical economic indicators that will influence Federal Reserve policy decisions on interest rates:

Monday, March 2: S&P final U.S. manufacturing PMI, ISM manufacturing index, and auto sales data

Wednesday, March 4: ADP employment report, S&P final U.S. services PMI, ISM services index, and Fed's Beige Book

Thursday, March 5: Weekly jobless claims, U.S. productivity data, and import price index

Friday, March 6: Monthly U.S. employment report, including unemployment rate and hourly wages

Federal Reserve Activity

Multiple Fed officials scheduled to speak, including:

• New York Fed President John Williams (Tuesday, March 3)
• Minneapolis Fed President Neel Kashkari (Tuesday, March 3)
• Cleveland Fed President Beth Hammack (Friday, March 6)

Earnings Reports

Major retailers dominate the earnings calendar:

• Retail: Costco (COST), Target (TGT), Best Buy (BBY), Gap (GAP), Ross Stores (ROST), American Eagle (AEO), Abercrombie & Fitch (ANF), Bath & Body Works (BBWI), Victoria's Secret (VSCO)
• Auto: AutoZone (AZO)
• Technology: Broadcom (AVGO), Box (BOX), GitLab (GTLB)
• International: JD.com (JD), Sea Limited (SE)
• Other: Kroger (KR), Norwegian Cruise Line (NCLH)

Market Implications

The employment data and PMI readings will be closely monitored by the Fed to assess economic health amid ongoing uncertainty about the interest rate trajectory. Strong retail earnings could signal consumer resilience, while manufacturing and services data will provide insight into broader economic momentum.