AI jitters meet a jobs report and falling oil prices: What to watch this week

After a roller-coaster week in the markets, thanks to flip-flopping sentiment about AI spending, investors will get plenty more action on the calendar as we enter jobs week.

On Friday, the S&P 500 (^GSPC) and the Dow (^DJI) finished 0.1% down, as the Nasdaq (^IXIC) fell 0.2%.

The June jobs report on Thursday (not Friday!) will shape the week, but a suite of jobs data (job openings, ADP private payrolls, and layoff plans) will make for a steady drumbeat of economic data, along with a consumer sentiment check and economic activity data from S&P Global and ISM.

The short week — markets are closed on Friday for Fourth of July weekend! — may have a slim earnings calendar, but it's a big one: Nike (NKE) reports on Tuesday.

Markets await a bunch of key checks on the American consumer

Labor market vibes may be bad, thanks to actual hard data that shows how tough it is to get a job, but also with the AI juggernaut causing many companies to pause hiring as they reconsider their needs.

While it's debatable whether that last point is real or perceived, the labor market's actual report card has thus far been fine to the main judge that matters: the Federal Reserve.

What key earnings repo

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/article/ai-jitters-meet-a-jobs-report-and-falling-oil-prices-what-to-watch-this-week-100000636.html)