$SPY / $SPX Scenarios — Wednesday, Sept 3, 2025

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🔮 SPY / SPX Scenarios — Wednesday, Sept 3, 2025 🔮
🌍 Market-Moving Headlines

🏦 Traders bracing for a labor + Fed double header — ADP jobs and the Beige Book will steer rate-cut odds into Friday’s NFP.
📉 Stocks drifted Tuesday post-JOLTS miss — markets looking for confirmation of labor cooling.
💻 Tech earnings rotation continues — volatility in XLK spilling into broader tape.

📊 Key Data & Events (ET)

⏰ 7:00 AM — MBA Mortgage Applications
⏰ 🚩 8:15 AM — ADP Employment Report (Aug)
⏰ 10:00 AM — ISM Services PMI (Aug)
⏰ 🚩 2:00 PM — Fed Beige Book

⚠️ Disclaimer: Educational/informational only — not financial advice.

📌 #trading #stockmarket #SPY #SPX #ADP #BeigeBook #Fed #labor #ISM #bonds #economy

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