Weekly Outlook for US Stocks The core of this week's US stock market is "Employment Data Week" and "250th Independence Day in the United States" Monday: Start with the continuation after last week's correction There is no important macro data on Monday, so the focus is on the market's own ability to repair Last week, both Nasdaq and S&P 500 experienced a significant decline, with tech stocks AI、 Semiconductors show signs of cooling down MU's financial report is strong, but whether it can continue to drive the spread of storage chains depends on this week's market confirmation Tuesday: JOLTS+Consumer Confidence, First Check if Employment and Consumption Loosen Tuesday is the first batch of key macro data of the week Beijing time: 22:00: Consumer Confidence Index, JOLTS job vacancies Before non-agricultural activities, the market will first use JOLTS to determine whether the labor market has truly cooled down Another factor to consider is consumer confidence There will be NKE's financial report after Tuesday's closing NKE focuses on global consumption, sportswear inventory, DTC channels, and demand in the Chinese region This is not a technology mainline, but it can help the market determine whether US and global consumption has weakened Wednesday: ADP+ISM manufacturing, this is a rehearsal before non farm payroll Beijing time: 20: 15: ADP Employment 21:30: Federal Reserve Chairman Kevin Warsh speaks 22:00 ISM Manufacturing PMI The most crucial things of this day are two: ADP looks at employment expectations, ISM looks at manufacturing and price pressure We still need to see Kevin Warsh's speech on Wednesday Thursday: This week's core, non farm payroll announced in advance Thursday is the most important day of the week, as the US stock market is closed on Friday and non farmers' associations in June will be announced earlier on Thursday 20:30 Beijing time: Non farm employment, unemployment rate, average hourly wage, and initial unemployment benefits will directly determine market risk appetite in the second half of Thursday In addition, the US stock market closed early on Thursday The US stock market closed at 13:00 ET, which means regular trading ends around 01:00 Beijing time on Friday This means that after the data is released, the market reaction time will be shorter and liquidity will be thinner If the intraday volatility is amplified, do not interpret it using the liquidity of a normal trading day