Today's Stock Market News & Events: 7/2/2021

Today's market-moving economic data and earnings schedule

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Independence Day in the United States falls on Sunday this year. What this means for traders is that the U.S. stock market will be closed on Monday, July 5, in observation of the holiday. The markets will reopen for a four-day trading week on Tuesday morning at 9:30 a.m. ET. Happy 4th of July!

Today's trading session will feature May's nonfarm payrolls, the unemployment rate, average hourly earnings, trade deficit, and factory orders. 

There are no companies slated to release earnings today, July 2, ahead of the Independence Day holiday weekend.

Looking ahead to next week, there are no notable earnings reports coming up during the first full week of July. Economic data is fairly muted as well, after Monday's Independence Day holiday. Nonetheless, investors will be keeping an eye on updates from the Federal Open Market Committee (FOMC) in the middle of the week, as well as a fresh jobless claims data. All economic dates listed here are tentative and subject to change.

Schaeffer's Investment Research turns 40 this month! Celebrate with us with new weekly special offers throughout the month of July. Did you know that, when Bernie Schaeffer founded our company back in '81, equity options volume was only 432,000 contracts per day? Compare that to the 2021 daily average options volume of 39,000,000 options contracts changing hands on a daily basis! We really have been with options traders since the jump. MIC DROP.

** Schaeffer's Event Trader portfolio has doubled in value (+109.72%, to be exact) over the past six months by simply putting 10% of its portfolio into each simple put or call purchase recommended in the program! Compare that to the SPX that has only returned 11.93% over the same timeframe. To kick off the celebration for our 40th anniversary this month, Bernie is letting you take Event Trader out for a spin this month for just $4 by clicking here before July 4th! **


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