S&P, Nasdaq futures higher; U.S. jobs report ahead - what’s moving markets
As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Tuesday, September 2, 2025. The spotlight will be on manufacturing sector health, with the Manufacturing PMI and ISM Manufacturing PMI taking center stage. These reports will provide valuable insights into the current state of U.S. industrial activity and its potential impact on the broader economy.
Major Economic Events to Watch
• 9:45 AM ET: Manufacturing PMI (Forecast:53.3, Previous: 49.8) - A key indicator of manufacturing sector activity
• 10:00 AM ET: ISM Manufacturing PMI (Forecast:48.9, Previous: 48.0) - Comprehensive measure of manufacturing sector performance
Other Important Economic Events to Watch
• 10:00 AM ET: ISM Manufacturing Employment (Previous:43.4) - Gauge of employment trends in the manufacturing sector
• 10:00 AM ET: Construction Spending (Forecast:-0.1%, Previous: -0.4%) - Measure of total expenditure on construction projects
• 10:00 AM ET: ISM Manufacturing Prices (Forecast:65.1, Previous: 64.8) - Indicator of price pressures in the manufacturing sector
• 1:00 PM ET: Atlanta Fed GDPNow (Forecast:3.5%, Previous: 3.5%) - Real-time estimate of GDP growth
Other Economic Events to Watch
• 10:00 AM ET: ISM Manufacturing New Orders Index (Previous:47.1) - Measure of new orders received by manufacturers
• 10:00 AM ET: Total Vehicle Sales (Previous:16.40M) - Indicator of consumer spending on new vehicles
• 10:10 AM ET: IBD/TIPP Economic Optimism (Forecast:51.8, Previous: 50.9) - Gauge of consumer confidence in the economy
• 11:30 AM ET: 3-Month Bill Auction (Previous:4.100%) - Short-term government debt auction
• 11:30 AM ET: 6-Month Bill Auction (Previous:3.915%) - Medium-term government debt auction
• 1:00 PM ET: 52-Week Bill Auction (Previous:3.760%) - Long-term government debt auction
For further information and the latest updates, please refer to our Economic Calendar, here.
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