Data Focus

Concerns over the economic outlook may weigh on the major indexes this week, with investors closely monitoring a series of upcoming reports that could offer insight into how tariffs are impacting the U.S. economy. The key focus will be Friday’s release of the May nonfarm payrolls report. As for tonight, attention turns to several U.S. economic indicators, particularly the ISM PMI data, which could provide fresh signals on inflation trends.

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In addition, several Federal Reserve officials are scheduled to speak, with the most closely watched being Chairman Jerome Powell, who will deliver remarks at a conference in Washington, D.C. The focus will largely be on further commentary about the U.S. economy, especially after last week’s release of the Personal Consumption Expenditures (PCE) Price Index showed a slight cooling in the Fed’s preferred inflation gauge.