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While it is a relatively slow day on the corporate news, attention will be on U.S. labor market data. The U.S. Department of Labor's JOLTS job openings report for November is expected to show 7.6 million openings, slightly down from 7.67 million in October. Additionally, Automatic Data Processing Inc (ADP) will release its December National Employment Report, with 47,000 new jobs forecast, following a -32,000 reading in November. Separately, the U.S. Census Bureau will release October factory orders, with new orders for U.S. factory goods expected to contract 1.2%, following a 0.2% increase in September. The Institute for Supply Management will publish its December non-manufacturing PMI, projected at 52.3, down from 52.6 in November.
Corporate earnings will be highlighted by Constellation Brands, expected to post a fall in its third-quarter revenue, hurt by weaker demand for alcohol amid uncertain spending among its key Hispanic customers. Investors will look for comments on demand, pricing actions, impact from tariffs, and annual forecasts.
Federal Reserve Vice Chair for Supervision Michelle Bowman is scheduled to speak at the California Bankers Association 2026 Bank Presidents Seminar. (1610/2110).
Investment bank Jefferies is scheduled to release its fourth-quarter results after market close. Investors will focus on management commentary regarding the 2026 outlook for capital markets activity.
In Canada, Ivey PMI data for December, along with its seasonally adjusted version, is set for release, following previous readings of 44.5 and 48.4, respectively.
(Compiled by Mohammed NIhaal TS; Edited by Vijay Kishore)
