Pre-market Futures Up; Economic Data Influences Market

Pre-market indicators are showing positive momentum in the stock market. The S&P 500 is up +0.43%, hinting at a potential rebound. Investors are attentive to upcoming economic data, influencing trading sentiments today.

Date: 04-03-2025

AI Rating: 6

Market Activity

This report indicates a rebound in pre-market futures, suggesting a positive shift in investor sentiment following a strong performance last Friday. The S&P 500 is up +0.43%, while the Nasdaq sees a rise of +0.67%, indicating a possibility of continued investor confidence despite recent losses over the past month.

Economic Indicators to Watch

While the report mentions various economic data points, it does not provide specific information regarding earnings per share (EPS), revenue growth, net income, profit margins, free cash flow (FCF), or return on equity (ROE). Still, there are indications of investors re-entering the market after a period of declines, which suggests a slight positive outlook.

Furthermore, the anticipated economic reports, including the S&P Manufacturing PMI and the ISM Manufacturing data, are crucial as they may influence market reactions once available. A consensus anticipates a slight decrease in the ISM Manufacturing figure, which could lead to cautious sentiment among investors, potentially mitigating the ongoing upswing.

Sector-Specific Movements

Companies in the automotive sector such as Ford, General Motors, and Tesla are highlighted as being up ahead of today’s open, which may reflect a positive market sentiment toward auto sales data expected throughout the day. If auto sales figures exceed expectations, it could further bolster the performance in this sector.

Employment Statistics Outlook

Jobs week, beginning Wednesday, will provide critical employment statistics that may impact market movements as well. The preliminary data suggests a decline in private-sector jobs, while non-farm payrolls are projected to tick upwards. How these figures align with expectations will be vital in shaping investor confidence and overall market trend.

Stocks: TGT COST AVGO F GM TSLA ADP