Stocks face jobs data, earnings and geopolitical risks this week

U.S. stocks have stayed volatile as investors weigh the U.S.-Iran conflict, developments in artificial intelligence and a busy corporate earnings season.

FactSet data cited in the source material shows 61% of S&P 500 companies have reported results, with blended earnings growth at 47.4%. More companies, including Berkshire Hathaway, Eli Lilly, Palantir Technologies, Advanced Micro Devices, Caterpillar and Disney, are expected to release results.

Markets are also expected to react to Friday’s U.S. nonfarm payrolls report. Economists expect the economy added 88,000 jobs in July after 57,000 in June, with unemployment unchanged at 4.2% and labor force participation at 61.5%.

The jobs data comes after the Federal Reserve left interest rates unchanged, with three officials voting to raise rates. The source material also cited higher 30-year yields and continued volatility in AI-related stocks as factors for investors.

Read the full story at benzinga.com.