Jobless claims, Constellation earnings, Lamb Weston: 3 things to watch By

By Liz Moyer

-- Stocks were mixed after weak economic data this week fueled fears about a recession.

The Global dealer supervision query foreign exchange eyeFederal Reserve has been trying to cool off the economy by raising interest rates, but some have feared its rapid and large rate hikes would overshoot and tip the economy into a recession. Wednesday's report was weaker than forecast, and that sets up for Friday's report on from the government. Analysts are expecting the economy added 240,000 jobs last month, lower than the number in February.

The jobs report won't have a big immediate effect on stocks since the market is closed for Good Friday.

But it leads up to next week's kick-off to first-quarter earnings season, with big banks reporting at the end of the week. Analysts and investors will be listening to what the CEOs of these big lenders will say about credit conditions, demand, and consumer behavior.

Futures traders are a pause when the Fed meets in May, rather than the quarter of a percentage point hike many expected just a week ago. 

Here are three things that could affect markets tomorrow:

1. Jobless claims

After two weak jobs-related economic reports this week, numbers for last week are due out at 8:30 ET (12:30 GMT). Analysts expect new claims of 200,000 for the most recent week.

2. Constellation earnings

Constellation Brands Inc (NYSE:), the maker of beer, wine and spirits, is expected to report earnings per share of $1.84 on revenue of $2 billion.

3. Lamb Weston

Frozen french fry maker (NYSE:) is expected to report earnings per share of 99 cents on revenue of $1.1B.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!