Monday Market Must-Knows: June 3, 2024

This week, 428 companies report earnings, including CrowdStrike and HP on Tuesday, and Lululemon, Dollar Tree, Campbell Soup, and GameStop on Wednesday. GameStop may experience volatility due to renewed interest in meme stocks spurred by Roaring Kitty.

Key events include potential rate cuts by the Bank of Canada on Wednesday and the European Central Bank on Thursday. Both are expected to lower rates by 25 basis points, which could stimulate their respective economies.

In the US, focus will be on employment data, with reports starting Tuesday with the JOLTS job openings and culminating in Friday's unemployment rate, expected to remain at 3.9%. 

Central bank announcements and employment data will likely drive market volatility this week.

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