A look at some of the key business events and economic indicators upcoming this week:
DIG THIS
Wall Street expects another solid quarterly snapshot from Caterpillar.
Analysts predict the maker of iconic yellow backhoes and bulldozers will report higher second-quarter profit and revenue than a year earlier. That would echo its results in the first quarter, when Caterpillar’s sales climbed on strong demand for construction equipment despite persistent supply chain challenges. Caterpillar serves up its latest results Tuesday.
ALL ABOUT JOBS
The Labor Department issues its monthly snapshot of hiring by nonfarm employers Friday.
Economists predict employers added 240,000 jobs in July. That would be the lowest total since December 2020, when the economy lost more jobs than it added. In June, employers added 372,000 jobs, a surprisingly robust gain that helped keep the national unemployment rate at 3.6% for a fourth straight month.
Nonfarm payrolls, monthly change, seasonally adjusted:
Feb. 714,000
March 398,000
April 368,000
May 384,000
June 372,000
July (est.) 240,000
Source: FactSet
Before you consider Caterpillar, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Caterpillar wasn't on the list.
While Caterpillar currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
