What to Watch in the Day Ahead - Friday, January 10

Reuters01-09

(The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at

. Thomson One users can register at RT/DAY/US. All times in ET/GMT) (U.S. markets are closed on Thursday, January 9, in honor of former President Jimmy Carter)

U.S. Labor Department's much-awaited monthly employment report for December will be on investors' radar. Non-farm payrolls are expected to rise by 160,000, after advancing by 227,000 in November. Unemployment rate likely held at 4.2%, while private payrolls increased by 135,000, following a 194,000 rise in November. Average hourly earnings in the month probably inched up 0.3%, after gaining 0.4% in November. Separately, a University of Michigan survey is set to show that consumer sentiment slipped to 73.8 in January, from 74 in the previous month.

Delta Air Lines is expected to file its earnings for the financial year 2024 and is also set to report higher fourth-quarter profit. Investor focus will be on its 2025 outlook.

Corona beer maker Constellation Brands is slated to report a rise in third-quarter revenue on strong demand for its beer brands and higher prices of its premium offerings. Investors will look out for comments on import tariffs, annual forecast updates, and strategies to boost spirits and wholesale businesses.

Walgreens is scheduled to report first-quarter results before markets open. Investors are expected to look out for any announcements on a potential deal to go private. Investors are also expected to focus on the company's full-year earnings forecast.

Jeff Bezos' Blue Origin is scheduled to launch its long-delayed flagship rocket, New Glenn, that will challenge SpaceX's dominance in the satellite launch market. The inaugural mission will carry to space a Blue Ring spacecraft, the first in Blue Origin's nascent business line offering maneuverable satellites to the Pentagon. (0100/0600)

A StatsCan report is expected to show that in December, Canada's economy probably added 25,000 jobs. Meanwhile, the unemployment rate likely inched up 6.9% last month from 6.8% in November.

For Latin America, Brazil's IPCA inflation index and auto sales figures for December are scheduled for release. Separately, investors also await data on Mexico's industrial output, which probably remained flat in November, after falling 1.2% in October. On a yearly basis, industrial output likely declined 1.4%.

(Compiled by Malini K; Editing by Vijay Kishore)

((Malini.K@thomsonreuters.com;))

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