July jobs report, Airbnb earnings, fuel prices and more in Morning Squawk - CNBC
CNBC's morning briefing covers a range of economic indicators, including the upcoming July jobs report and the impact of a cyclospora outbreak on Sweetgreen's stock. It also highlights concerns over rising fuel prices and volatility in the mortgage lending sector.
Why it matters
These indicators provide critical context for investors regarding labor market health, consumer spending, and the stability of the housing and energy sectors.
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.
Happy Friday. We got insight yesterday into cyclospora's business impact from one of the companies most associated with lettuce: Sweetgreen . Shares of the salad chain are tanking in extended trading after it cut its full-year outlook , saying fears around the outbreak hurt sales.
Stock futures are higher this morning after a negative day.
Here are five key things investors need to know to start the trading day:
All eyes are on July's nonfarm payrolls report due out at 8:30 a.m. ET for the latest clues on where the labor market is heading. Wall Street's expectations for the numbers vary significantly, meaning some investors could be in for a surprise.
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