3 Things to Watch in the Stock Market This Week -- The Motley Fool

according to Stocks rose last week as news of continued healthy growth in the job market offset investor concerns about global trade skirmishes. Below, we'll take a look at a few trends to watch for in the earnings news. MSC Industrial Direct's profitabilityMetalworking, maintenance, and repair tool specialist MSC Industrial Direct posts its results on Wednesday. In addition to those growth trends, investors will be watching gross profit margin for any signs that increasing raw material costs are eating into profitability. If MSC Industrial can't pass along those higher expenses to customers, it would imply softer operating results over the short term.

Positive Stock Market Momentum Carries Over Into This Morning

>Momentum from yesterday's higher close appeared to be helping the market this morning ahead of a holiday-related trading closure and an important jobs report even as trade worries continue to linger. Overall, the gains in equities were apparently capped by continuing pressure from uncertainty over global trade, which has dogged Wall Street for some time. Construction spending in May showed a rise of 0.4%. Private, residential and public construction were all in positive territory in May, while nonresidential construction was down 0.3%. "Combined with the downward revision for April, construction spending will make a smaller contribution to Q2 GDP forecasts than what was originally expected," Briefing.com said.

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