00:04 Speaker A
Time now for what to watch Tuesday, December 9th.
00:07 Speaker A
We’re going to start off on the earnings front. More reports coming in on Tuesday including Autozone, Campbell soup, and GameStop.
00:15 Speaker A
Campbell’s reporting first quarter earnings before the market’s open, and it’s expecting Campbell sales to fall 4 to 5% this quarter because of an unusually strong year last year.
00:26 Speaker A
The company’s also dealing with tariffs and higher marketing costs.
00:31 Speaker A
Taking a look at the labor market as well. We’re going to be getting a read on small businesses on Tuesday with the NFIB optimism Index.
00:40 Speaker A
Economists forecast the November number to edge slightly higher to 98.3, signaling a wait and see mood among small businesses and that owners feel about the same level of confidence and concern as they did in October.
00:51 Speaker A
Sticking with labor, the October job openings and labor turnover survey is coming out on Tuesday.
00:57 Speaker A
Job openings expected to hold steady at 7.2 million compared to August.
01:01 Speaker A
Remember, September data not released due to the government shutdown.
01:05 Speaker A
The new data signaling no major shift in the hiring momentum, and demand for workers is stable.