Economic data is gearing up alongside earnings reports
Wall Street is waking up from its holiday season lull, kicking off the first full week of 2025 trading with fresh economic data. A wave of employment reports are expected throughout the week, as well as wholesale inventories, and December's Federal Open Market Committee (FOMC) meeting minutes. Please note that both the New York Stock Exchange (NYSE) and Nasdaq Composite (IXIC) will be closed on Thursday, Jan. 9, to honor the late U.S. President Jimmy Carter.
Earnings are slowly resurfacing after a holiday pause, with a few household names expected to report, including Cal-Maine Foods (CALM), Constellation Brands (STZ), Delta Air Lines (DAL), KB Home (KBH), Tilray (TLRY), and Walgreens Boots Alliance (WBA).
Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.
Monday, January 6 will see factory orders data released.
Richmond Fed President Tom Barkin is slated to speak on Tuesday, January 7. Also anticipated are U.S. trade deficit, ISM services, and job opening numbers.
The ADP employment report, FOMC minutes, and consumer credit are due out on Wednesday, January 8.
Jobs data is on the docket for Thursday, January 9, as well as wholesale inventories. The NYSE and Nasdaq will both be closed to honor President Carter.
Several employment reports and ratings are scheduled for Friday, January 10.