Markets Closed Thursday for National Day of Mourning
Stock markets (^DJI, ^IXIC, ^GSPC) will be closed on Thursday in observance of the national day of mourning for the late President Jimmy Carter. However, bond markets (^TNX, ^TYX, ^FVX) will remain open, ensuring some activity in financial markets despite the holiday.
Fed Officials Provide Key Insights
Federal Reserve officials are scheduled to share insights on the 2025 rate cut trajectory throughout the week. Key speakers include:
- Patrick Harker, Philadelphia Fed President
- Susan Collins, Boston Fed President
- Tom Barkin, Richmond Fed President
These speeches could offer valuable updates on the Fed’s monetary policy outlook as inflation moderates and the economy adapts to changing conditions.
December Jobs Report Release on Friday
Investors are keenly awaiting December’s jobs report, set for release on Friday. Economists anticipate:
- 165,000 new non-farm payrolls added
- The unemployment rate holding steady at 4.2%
This data will play a critical role in shaping market sentiment and gauging the health of the labor market as 2025 begins.
Quarterly Earnings Reports
Several notable companies are set to report their quarterly earnings on Friday, including:
- Delta Air Lines (DAL)
- Tilray Brands (TLRY)
- Constellation Brands (STZ)
These reports will provide a snapshot of industry performance amid evolving economic conditions.