Nightly $SPY / $SPX Scenarios for March 7, 2025

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🌍 Market-Moving News 🌍:

🇺🇸📊 Anticipated U.S. Jobs Report 📊: The Bureau of Labor Statistics is set to release the February employment report on Friday, March 7. Economists expect an increase of approximately 133,000 nonfarm payrolls, with the unemployment rate holding steady at 4%.​

📊 Key Data Releases 📊:
📅 Friday, March 7:

👷‍♂️ Nonfarm Payrolls (8:30 AM ET) 👷‍♂️:

Forecast: +133K jobs​
Previous: +150K jobs​

This report indicates the number of jobs added or lost in the economy, excluding the farming sector, and is a key indicator of employment trends.

📈 Unemployment Rate (8:30 AM ET) 📈:

Forecast: 4.0%​
Previous: 4.0%​

This metric represents the percentage of the total workforce that is unemployed and actively seeking employment during the previous month.

💵 Average Hourly Earnings (8:30 AM ET) 💵:

Forecast: +0.3% month-over-month​
Previous: +0.2% month-over-month​

This metric indicates the month-over-month change in wages, providing insight into consumer income trends.

⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️​

📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis

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