In This Article:
Market Domination Overtime host Josh Lipton previews next week's biggest market stories and economic data that Wall Street will be listening for, including earnings from Lululemon Athletica (LULU), Broadcom (AVGO), discount retailers Dollar General (DG), Dollar Tree (DLTR), and Five Below (FIVE), Hewlett Packard Enterprise (HPE), and CrowdStrike (CRWD), as well as the latest Job Openings and Labor Turnover Survey (JOLTS) results and May's jobs report out on Friday, June 6.
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Time now for to watch next week. We're gonna start off on the earnings front. We're gonna getting a big batch of earnings next week that includes Dollar General, Lululemon and Broadcom. Lululemon announced results for the first quarter on Thursday. Analysts expecting sales to grow, but at a slower pace than forecast driven by weaker consumer spending and tariff uncertainty. And taking a look at the labor market, a lot of fresh job data. That's gonna be rolling out next week, including the job openings and labor turnover survey or jolts. It's coming out on Tuesday. Economists forecasting job openings to dip compared to last month to 7.1 million, meaning that employers are listing fewer job openings and signaling a slight slowdown in hiring plans. And that comes ahead of the monthly jobs report on Friday. Economist see a drop coming in non-farm payrolls to 133,000 while unemployment holds steady at 4.2% and hourly wages tick up to 0.3% on a month over month basis.
