Jobs report highlights first full-on trading week of 2025: What to know this week
Published On Jan 5, 2025, 7:38 AM
This week marks the first full trading week of 2025, following a disappointing close to 2024 for the markets. Investors will focus on significant labor market data, especially the December jobs report due this Friday, which will provide insights ahead of the Federal Reserve's meeting later this month. Key tech company announcements at the Consumer Electronics Show, particularly from Nvidia, are also on the radar. Amid concerns about rising interest rates and sluggish employment growth, analysts predict an expected addition of 153,000 jobs in December with the unemployment rate holding steady at 4.2%.
Stock Forecasts
NVDA
Positive
With the upcoming jobs report potentially indicating a slowing labor market, equities may face pressure if the data comes in weaker than expected. However, if the jobs report surprises positively, it could uplift market sentiment, particularly for the tech sector.
SPY
Negative
The overall economic sentiment remains cautious due to recent market underperformance and rising Treasuries yields, which might lead to continued weakness in stock prices, including major indices.
DAL
Negative
Concerns over Delta's and Constellation Brands' upcoming earnings results could impact their stock prices negatively if results disappoint, reflecting broader market trends of slowing growth.
Related News
Stock futures are little changed ahead of key jobs data in a shortened trading week: Live updates
Jan 5, 2025, 6:03 PM
Investors are entering another shortened trading week on a wobbly note, with lingering concerns about the Federal Reserve's interest rate projections.
Jobs report highlights first full trading week of 2025: What to know this week
Jan 5, 2025, 7:38 AM
Investors will digest fresh labor market data in the week ahead as the Federal Reserve's interest rate path in 2025 remains squarely in focus.
Nvidia stock jumps, leads 'Magnificent 7' gains to start 2025 after end-of-year tech sell-off
Jan 3, 2025, 4:32 PM
Nvidia stock led the so-called “Magnificent 7” tech stocks higher to start the year after a group-wide selloff in the last days of 2024.