Macroeconomic Outlook for Next Week: US-Israel alliance ignites the Middle East powder keg; non-farm payroll and unemployment data are coming.

PANews, March 1st - In a week marked by repeated adjustments to Trump's tariff policies and escalating geopolitical tensions between the US and Iran, global markets oscillated amidst policy uncertainty and risk aversion. Aside from geopolitical tensions, the main macroeconomic events next week are as follows:

• At 22:45 on Monday, the final reading of the US S&P Global Manufacturing PMI for February will be released.
• At 23:00 on Monday, the US February ISM Manufacturing PMI will be released.
• At 21:15 on Wednesday, the US February ADP employment figures will be released.
• The Federal Reserve will release its Beige Book on economic conditions at 03:00 on Thursday.
• Thursday at 8:30 PM, US Challenger job cuts for February;
• At 21:30 on Thursday, the US initial jobless claims for the week ending February 28 and the US import price index month-on-month rate for January will be released.
• At 21:30 on Friday, the US February unemployment rate, US February seasonally adjusted non-farm payrolls, and US January retail sales month-on-month will be released.

Technology and AI stocks, which have long been the growth engine of the US stock market, have recently experienced a significant stagnation. Latest data shows that the Nasdaq Composite Index has failed to reach a new record high for four consecutive months, and both the S&P 500 and Nasdaq indices just experienced their worst month since March of last year.

This sign indicates that investors have deep doubts about the ability of AI technology to translate into real profits, and Wall Street is trying to navigate a turbulent storm led by tech stocks.