What’s Poppin’ This Week

Markets Taking a Breather

Hey, New Yorkers, guess what? The markets are taking a timeout on Monday for Labor Day. But don’t get too relaxed because there’s action coming up.

Earnings Galore

Salesforce is on deck Wednesday with its second-quarter results. Analysts are betting on a sweet 10% growth, outdoing Wall Street’s bleak 8.8% prediction. Not bad, huh? Even though spending’s been a bit lazy, competitors like Workday aren’t crying over their order books. So, Salesforce should stay cool too.

Want more action? Broadcom and Lululemon are also throwing their hats in the earnings ring. Stay tuned! Reveal all the juicy details as they unfold.

Job Market Jitters

By Friday, we’ll get the full scoop on August’s job numbers. Word on the street is the U.S. might add 75,000 jobs—a teeny bit better than July. But don’t break out the confetti yet; unemployment might creep up to 4.3%. Oh, and wages? Expect them to chill at a 0.3% month-over-month growth. Check out this source for more details.

Senate Spotlight

In the political corner, the Senate Banking Committee’s got a busy Thursday. They’re vetting Stephen Moran, Trump’s pick for the Federal Reserve Board. If he makes the cut, he’ll snag Fed Governor Adriana Koler’s spot. Her term’s up in January. Read more about the Federal Reserve here.

In the Loop

New Yorkers, keep your eyes peeled for all the buzz this week. Let’s break it down:

  • Monday: Chill, ’cause it’s Labor Day.
  • Wednesday: Salesforce shows us their numbers.
  • Thursday: Stephen Moran’s turn in the hot seat.
  • Friday: Job stats drop.

And there you have it, folks! Whether you’re in Midtown or Brooklyn, this week’s got something for everyone. Stay informed and savvy, because as we New Yorkers know, the city never sleeps, and neither do the markets!