Key Takeaways
Financial markets and federal agencies will close on Thursday for the funeral of former U.S. President Jimmy Carter.The December jobs report comes out on Friday, with data on private-sector employment and initial jobless claims also set for release.The minutes for the December Federal Open Market Committee (FOMC) meeting are scheduled for release Wednesday and Fed representatives’ speaking engagements are also planned.Other data releases include service sector PMI, consumer credit, and consumer sentiment.Delta Air Lines, Jefferies Financial, Albertsons, Walgreens Boots Alliance, and KB Home are scheduled to report earnings this week.
Trading hours will be shortened this week with the Thursday national day of mourning for former U.S. President Jimmy Carter, which will close stock markets and federal agencies for the day, and some bond markets early. Several events on that day’s calendar were rescheduled, with other changes possible.
Investors will be tuned in Friday for the U.S. jobs report for December, with private-sector employment data coming earlier in the week. On Wednesday, minutes for the Federal Open Market Committee (FOMC) meeting in December will shine a light on officials’ deliberations on interest rates.Federal Reserve Govs. Christopher Waller and Michelle Bowman, along with Philadelphia Fed President Patrick Harker and Kansas City Fed President Jeffrey Schmid, are among this week’s scheduled speakers.
The Institute for Supply Management (ISM) will release its December services sector Purchasing Managers Index (PMI) on Tuesday, while the Fed is scheduled to release consumer credit data on Wednesday. U.S. trade deficit data and preliminary December consumer sentiment survey results are also coming this week.
Delta Air Lines (DAL) will be releasing its quarterly earnings report this week, along with Jefferies Financial (JEF), Albertsons (ACI), and Walgreens Boots Alliance (WBA).
Monday, Jan. 6
Factory orders (November)
Federal Reserve Gov. Lisa Cook delivers remarks
Commercial Metals (CMC) reports earnings
Tuesday, Jan. 7
U.S. trade deficit (November)
ISM services sector PMI (December)
Job openings (November)
Richmond Fed President Tom Barkin delivers remarks
RPM International (RPM) and Cal-Maine Foods (CALM) report earnings
Wednesday, Jan. 8
Initial jobless claims (Week ending Jan. 4)
ADP employment report (December)
December Federal Open Market Committee (FOMC) meeting minutes
Consumer credit (November)
Federal Reserve Gov. Christopher Waller delivers remarks
Jefferies Financial, Acuity Brands (AYI), Albertsons Cos, and Simply Good Foods (SMPL) report earnings
Thursday, Jan. 9
Stock markets and federal government close for memorial for former U.S. President Jimmy Carter
Bond markets may close at 2 p.m. ET
Wholesale inventories (November)
Federal Reserve Gov. Michelle Bowman, Philadelphia Fed President Patrick Harker, Richmond Fed President Tom Barkin, and Kansas City Fed President Jeffrey Schmid