Jobs report, crucial retail earnings kick off March trading for investors: What to know this week
Published On Mar 2, 2025, 7:34 AM
This week, investors are focused on a crucial jobs report and retail earnings that will provide insights into the health of the US economy and consumer confidence. The February jobs report is expected to show modest hiring growth with an unemployment rate steady at 4%. Key retail earnings from companies like Target, Costco, and Kroger could reveal trends about consumer spending, which appears to be tightening due to economic pressures. Additionally, new tariffs are set to take effect, which could further influence market sentiment.
Stock Forecasts
TGT
Negative
Retail earnings may indicate consumer spending pressures, affecting stocks in this sector, especially those with a history of missing earnings expectations. Watch for implications on consumer staples versus discretionary items.
COST
Neutral
Given Costco's strong historical performance but current pricing pressures on consumers, their earnings could either reinforce their strong position or highlight the challenges of consumer sentiment, potentially affecting stock performance moderately.
ANF
Positive
Abercrombie's appealing against a backdrop of nostalgic consumer purchasing may lead to continued strong performance in their earnings, suggesting resilience in certain demographics.
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