US Stocks Weekly Macro Preview (Aug 31–Sep 4)
2026/08/31 01:45
All times below are Beijing time unless noted.
Monday, Aug 31
- US releases August Dallas Fed Business Activity Index (22:30).
- G20 Finance Ministers and Central Bank Governors Meeting opens (through Sep 1, Asheville, North Carolina), focusing on global growth, macro policy coordination, financial stability, and supply-chain resilience.
Tuesday, Sep 1
- US releases August S&P Global Manufacturing PMI final (21:45) and ISM Manufacturing PMI (22:00).
- G20 Innovation/Tech Ministers Meeting opens (Sep 1–2, Chapel Hill, North Carolina); Elon Musk (expected to join virtually), Jensen Huang, Sam Altman and other tech leaders are set to take part.
- ★★★ Medtronic (MDT) and NIO report before the open; Dell (DELL), MongoDB (MDB), Palo Alto Networks (PANW) and Credo (CRDO) report after the close.
Wednesday, Sep 2
- US releases August ADP employment (around 20:15) and EIA crude inventories (22:30).
- Fed releases the Beige Book (2:00 p.m. ET; about 02:00 Thursday Beijing time).
- ★★★★★ Broadcom (AVGO) reports after the close (key focus: AI revenue and forward guidance).
- ★★★ Hewlett Packard Enterprise (HPE), Snowflake (SNOW) and NetApp (NTAP) report after the close; FuelCell Energy (FCEL) reports before the open.
Thursday, Sep 3
- US releases initial jobless claims (20:30), S&P Global Services PMI final (21:45) and ISM Non-Manufacturing PMI (22:00).
- ★★★★★ Fed Governor Waller speaks on the inflation outlook (20:30, Reuters interview) — a key pre-September FOMC signal.
- Tesla holds a Cybercab launch event in Austin, Texas.
- ★★★ Ciena reports before the open; DocuSign, Lululemon and Zscaler report after the close.
Friday, Sep 4
- ★★★★★ US releases August nonfarm payrolls and the unemployment rate (20:30). Market expects roughly +45k to +55k jobs, with unemployment around 4.1% (July NFP was -23k; consensus may still shift).
- US releases August Global Supply Chain Pressure Index (22:00). Watch comments from Cleveland Fed President Hammack and other FOMC voters this week.
Week’s core themes: August jobs data and September Fed hike odds, Waller’s inflation remarks, AI capex stress tests from Broadcom and Dell, the G20 tech summit, and Tesla’s Cybercab event. Volatility is likely to pick up.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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