What to Watch in the Day Ahead - Friday, May 2
On the U.S. economic front, the Labor Department's Bureau of Labor Statistics will report non-farm payrolls, which are forecast to have increased by 130,000 jobs in April, down from 228,000 job additions in March. Meanwhile, private payrolls are expected to have grown by 125,000 jobs in April, following an increase of 209,000 jobs in the previous month. The unemployment rate is expected to remain unchanged at 4.2% for April. Additionally, average hourly earnings likely inched up 0.3% in April, while, on an annual basis, average hourly earnings are forecast to rise 3.9%. Lastly, factory orders are expected to rise 4.5% in March, a notable jump from the 0.6% increase in February.
Exxon Mobil, the largest U.S. oil producer, is expected to post a rise in first-quarter profit compared to the fourth quarter.
Chevron is expected to report first-quarter results before markets open. Investors will be on the lookout for any commentary on recent commodity price volatility and its impact on the company's financial and output guidance for the year. The market will also be keen on updates regarding its pending takeover of Hess Corp and Venezuela operations.
Apollo Global is scheduled to report its first-quarter results. Analysts expect the buyout giant to report higher profit, thanks to asset sales and a stronger insurance business.
Cigna is expected to report first-quarter results before markets open. Investors are expected to look out for its medical costs and changes to its annual forecast.
Cboe Global is expected to report a jump in first-quarter profit next week as the exchange operator benefits from market volatility stemming from uncertainty over U.S. trade policy.
DuPont is expected to report a rise in first-quarter profit. Investors will be on the lookout for updates on its plans to spin off its electronics business and exposure to tariffs.
In Latin America, S&P Global Manufacturing PMI figures for Brazil and Mexico will be on the radar. Separately, the central bank of Argentina is set to announce its interest rate decisions.
LIVECHAT-REUTERS GLOBAL MARKETS FORUM
WEEK IN REVIEW with Reuters markets columnist Jamie McGeever will recap the major themes and events in financial markets and preview the week ahead. (1000/1400) To join the conversation, click here
Related Articles
National Debt Bomb Ignited? Musk Warns U.S. Will Be 1000% Bankrupt Without AI
TradingKey - Tesla (TSLA) CEO Elon Musk recently issued another warning regarding the rapidly ballooning U.S. national debt. He stated clearly that without artificial intelligence and robotics, the United States will inevitably head toward fiscal bankruptcy.
Why Sanae Takaichi Winning Japan’s Diet Election Led to a Surge in Japanese Stock Indices？
TradingKey - Reports indicate that the ruling coalition led by Japanese Prime Minister Sanae Takaichi has secured a single-party majority in the parliamentary elections held on Sunday (February 8). Following the news, the yen weakened slightly, while the Nikkei Index surpassed 57,000 for the first t
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
Is Bitcoin’s Four-Year Cycle Dead in 2026?
Is the Bitcoin 4-year cycle dead? After 2025 broke historical records with a red post-halving year, institutional analysts explore if the Bitcoin price has decoupled from the halving countdown. Analyze the impact of spot ETFs, global liquidity, and the roadmap to the 2028 halving in this 2026 market
