Overview
- U.S. and Israeli forces carried out a joint strike on Iran over the weekend, Iran launched retaliatory attacks on Israel and Gulf nations, and President Donald Trump urged Iranians to overthrow their government.
- Major U.S. indexes fell last week as risk sentiment weakened, with gold up to $2,596, oil near $67.29 a barrel, and Bitcoin sliding toward $66,000.
- The U.S. February jobs report arrives Friday after January showed 130,000 jobs added with downward revisions to prior months, and the delayed January retail sales release is also due.
- The Fed’s Beige Book is set for Wednesday alongside the ADP report as markets watch a policy rate held at 3.5%–3.75% for signs of labor cooling.
- Apple begins a week of announcements Monday with a Wednesday event, with new products expected and reports pointing to possible iPhone 17 and lower-cost MacBook reveals, while earnings from CrowdStrike (Tuesday), Broadcom (Wednesday), Marvell and Costco (Thursday), and Target (Tuesday) headline the calendar.