# US market outlook: earnings, jobs, SpaceX IPO

> Live situation record from CLSTR: https://clstr.news/situations/us-market-outlook-earnings-jobs-spacex-ipo
> Updated: 2026-08-02T12:03:59.000Z. Sources: 10. Developments: 2.

In early August 2026 U.S. investors were tracking a mix of corporate earnings, labour‑market data and the recent SpaceX IPO. Major companies such as The Clorox Company, Marriott International, McDonald’s, Expedia Group and SpaceX reported results, while the Labor Department prepared the June job‑openings report and the July employment report, with non‑farm payroll and ADP payroll estimates due later in the week. The Federal Reserve had held rates steady but signalled a possible hike later in the year, and new Fed chair Kevin Warsh emphasized taming inflation.

July’s industrial PMI came in at 53.9, showing modest expansion but a slowdown in production growth and a third‑month decline in new orders. The ADP payroll forecast was about 85,000 jobs. Equity markets responded positively, with U.S. stock futures rising – the Dow up roughly 291 points, the S&P 500 gaining 0.7 % and the Nasdaq 100 about 1 % – buoyed by strong earnings from large‑cap tech firms.

Oil prices fell sharply after President Donald Trump announced the cancellation of a planned strike on Iran, pushing WTI down about 6 % to $79.66 a barrel, while a weaker dollar lifted spot gold above $4,050 an ounce. European indexes closed higher, led by the Dutch AEX and Adyen, and Hong Kong markets previewed the upcoming U.S. data releases and the imminent unlocking of SpaceX shares, which represent roughly 7 % of the company’s float. These data points kept inflation trends and the Fed’s outlook at the centre of market sentiment across the United States and abroad.

## Claims

- The ADP payroll report will be released on Wednesday before the official non‑farm employment numbers on Friday. (single source)
- The median forecast for U.S. non‑farm payrolls on Friday is about 85,000 jobs. (single source)
- The July industrial PMI in the United States was 53.9, indicating expansion. (single source)
- U.S. stock futures rose on Monday, with the Dow up 291 points, the S&P 500 up 0.7 % and the Nasdaq 100 up about 1 %. (single source)
- Oil prices fell after President Donald Trump announced the cancellation of a planned attack on Iran, with WTI dropping to $79.66 a barrel. (single source)
- Spot gold rose to $4,058.37 per ounce as oil prices fell and the U.S. dollar weakened. (single source)
- SpaceX will release about 9.115 billion shares, roughly 7 % of its float, after its lock‑up period ends. (single source)

## Timeline

### 2026-08-02: U.S. jobs and PMI data steer global markets this week

U.S. jobs, ADP and non‑farm reports, plus July PMI, drive equity gains, lower oil, higher gold and global market moves this week.

8 sources. https://clstr.news/cluster/us-nonfarm-payrolls-and-spacex-ipo-drive-market-focus-this-week

### 2026-08-01: U.S. Wall Street earnings and jobs data shape investor outlook

U.S. firms such as Clorox, Marriott, SpaceX, McDonald’s and Expedia report earnings this week as June job openings and July employment data are released, influencing the Federal Reserve’s rate outlook.

2 sources. https://clstr.news/cluster/us-wall-street-earnings-and-jobs-data-shape-investor-outlook

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Cite as: US market outlook: earnings, jobs, SpaceX IPO. CLSTR, https://clstr.news/situations/us-market-outlook-earnings-jobs-spacex-ipo