Nightly $SPY / $SPX Scenarios for March 5, 2025
🔮 🔮
🌍 Market-Moving News 🌍:
🇨🇳📉 China's Manufacturing Activity Contracts 📉: China's official Manufacturing Purchasing Managers' Index (PMI) fell to 49.9 in February, down from 50.1 in January, indicating a contraction in manufacturing activity for the second consecutive month. This downturn raises concerns about global economic growth and could impact markets worldwide.
📊 Key Data Releases 📊:
📅 Wednesday, March 5:
📄 ADP National Employment Report (8:15 AM ET) 📄:
Forecast: +160K jobs
Previous: +183K jobs
This report provides a monthly snapshot of private-sector employment, offering insights into labor market trends ahead of the official government employment data.
🏢 ISM Services PMI (10:00 AM ET) 🏢:
Forecast: 53.0
Previous: 52.8
This index assesses the performance of the U.S. services sector. A reading above 50 indicates expansion, while below 50 signifies contraction.
🏭 Factory Orders (10:00 AM ET) 🏭:
Forecast: -0.5%
Previous: +1.2%
This report details the dollar level of new orders for both durable and non-durable goods, providing insight into manufacturing demand.
⚠️ 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
🌍 Market-Moving News 🌍:
🇨🇳📉 China's Manufacturing Activity Contracts 📉: China's official Manufacturing Purchasing Managers' Index (PMI) fell to 49.9 in February, down from 50.1 in January, indicating a contraction in manufacturing activity for the second consecutive month. This downturn raises concerns about global economic growth and could impact markets worldwide.
📊 Key Data Releases 📊:
📅 Wednesday, March 5:
📄 ADP National Employment Report (8:15 AM ET) 📄:
Forecast: +160K jobs
Previous: +183K jobs
This report provides a monthly snapshot of private-sector employment, offering insights into labor market trends ahead of the official government employment data.
🏢 ISM Services PMI (10:00 AM ET) 🏢:
Forecast: 53.0
Previous: 52.8
This index assesses the performance of the U.S. services sector. A reading above 50 indicates expansion, while below 50 signifies contraction.
🏭 Factory Orders (10:00 AM ET) 🏭:
Forecast: -0.5%
Previous: +1.2%
This report details the dollar level of new orders for both durable and non-durable goods, providing insight into manufacturing demand.
⚠️ 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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.