U.S. FIRST TO MARKET

Research evidence excerpt

U.S. FIRST TO MARKET

Ken Goldman AC North America Equity Research

(1-212) 622-0359 02 July 2026 J P M O R G A N

ken.goldman@jpmorgan.com

Upcoming U.S. Economics Releases

Link to Economics Calendar on J.P. Morgan Markets Abiel Reinhart abiel.reinhart@jpmchase.com (1-617) 712 9122

Monday Tuesday Wednesday Thursday Friday

29 Jun 30 Jun 1 Jul 2 Jul 3 Jul

Dallas Fed manufacturing(10:30am) Jun FHFA HPI(9:00am) ADP employment(8:15am) Jun Employment(8:30am) Jun 125,000 Independence Day, Markets closed

Apr Manufacturing PMI(9:45am) Jun final 56.0 Unemployment rate 4.3% Average weekly

S&P/Case-Shiller HPI(9:00am) Apr Construction spending(10:00am) May hours 34.3 Average hourly earnings 0.2%

JOLTS(10:00am) 0.0% Initial claims(8:30am)

May 7.4mm ISM manufacturing(10:00am) Jun 55.0 w/e Jun 27 220,000 Durable

Consumer confidence(10:00am) Jun 94.0 Light vehicle sales goods(10:00am) May

Jun 16.2mm Factory orders(10:00am) May

Fed Chair Warsh speaks(9:00am) Announce 30-year bond (r) $22bn

Announce 3-year note $58bn Announce 10-

year note (r) $39bn

San Francisco Fed President Daly

speaks(7:45am)

During the week: Richmond Fed President Barkin speaks (28 Jun)

6 Jul 7 Jul 8 Jul 9 Jul 10 Jul

Services PMI(9:45am) Jun final International trade(8:30am) May Wholesale trade(10:00am) May Initial claims(8:30am) w/e Jul 4

ISM services(10:00am) Jun Auction 3-year note $58bn FOMC minutes(2:00pm) Consumer Existing home sales(10:00am) Jun

credit(3:00pm) May

Auction 30-year bond (r) $22bn

Auction 10-year note (r) $39bn New York Fed President Williams

speaks(9:00am)

Dallas Fed President Logan

speaks(1:30pm)

13 Jul 14 Jul 15 Jul 16 Jul 17 Jul

Federal budget(2:00pm) Jun NFIB survey(6:00am) Jun PPI(8:30am) Retail sales(8:30am) Jun Housing starts(8:30am) Jun