Nightly $SPY / $SPX Scenarios for March 5, 2025

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🌍 Market-Moving News 🌍:

🇨🇳📉 China's Manufacturing Activity Contracts 📉: China's official Manufacturing Purchasing Managers' Index (PMI) fell to 49.9 in February, down from 50.1 in January, indicating a contraction in manufacturing activity for the second consecutive month. This downturn raises concerns about global economic growth and could impact markets worldwide.​
📊 Key Data Releases 📊:

📅 Wednesday, March 5:

📄 ADP National Employment Report (8:15 AM ET) 📄:

Forecast: +160K jobs​

Previous: +183K jobs​

This report provides a monthly snapshot of private-sector employment, offering insights into labor market trends ahead of the official government employment data.

🏢 ISM Services PMI (10:00 AM ET) 🏢:

Forecast: 53.0​

Previous: 52.8​

This index assesses the performance of the U.S. services sector. A reading above 50 indicates expansion, while below 50 signifies contraction.

🏭 Factory Orders (10:00 AM ET) 🏭:

Forecast: -0.5%​

Previous: +1.2%​

This report details the dollar level of new orders for both durable and non-durable goods, providing insight into manufacturing demand.

⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️​

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