When the market reopens on Monday, the government likely will not, if Friday's lack of a budget bill or continuing resolution is any indication.
Assuming that comes to pass, it could impact the release of federal data next week, analysts say.
"A shutdown will also determine whether some of next week's major indicators, such as the September jobs report on Friday, are released on time," said Deutsche Bank.
Monday, October 2
Monday will be a telling day for how markets respond to a shutdown. Airline stocks could struggle if this shutdown resembles the 2019 shutdown, during which hundreds of unpaid air traffic controllers and TSA agents called out from work.
Economic announcements: S&P final manufacturing PMI, ISM manufacturing, Construction spending
Tuesday, October 3
Tuesday's Job Openings and Labor Turnover Survey (JOLTS) should get things going, with 'job quits' an important element of this.
Earnings: Cal-Maine Foods (NASDAQ:CALM)
Economic announcements: Job openings
Wednesday, October 4
Earnings: Accolade Inc, Resources Connection Inc (NASDAQ:RECN)
Economic announcements: ADP employment, S&P final US services PMI, Factory orders, ISM services
Thursday, October 5
Levi Strauss & Co (NYSE:LEVI) reports third-quarter results after the closing bell and analysts expect the company to deliver a big improvement on the previous quarter.
The renowned denim maker is likely to report adjusted earnings per share of $0.27 for the quarter ended August 27, 2023, down from $0.40 a year earlier but well above the $0.04 reported in 2Q, according to the consensus estimate of five analysts surveyed by Zacks Investment Research ...read the preview.
Economic announcements: Initial jobless claims, US trade deficit
Friday, October 6
After the ADP payrolls survey on Wednesday, then the Challenger, Gray & Christmas job losses survey on Thursday, and initial unemployment claims data on the same day, the NFP survey from the Bureau of Labor Statistics on Friday will provide the latest unemployment and wage growth numbers and may continue the run of revisions to previous monthly data.
For August, 187,000 jobs were added, which was below the 12-month average of 245,000, a headline unemployment rate of 3.8%, and the average hourly wage up 4.3%.
Economic announcements: Employment report, Employment rate, Hourly wages, Hourly wages year over year, Consumer credit