Stay informed with the latest updates in finance

  • Stock and bond markets closed on Monday for New Year’s Day
  • Job Openings and Labor Turnover Survey to be released on Wednesday
  • December employment data to be reported on Friday
  • Federal Open Market Committee minutes to be released on Wednesday
  • Earnings results from Conagra Brands, Lamb Weston Holdings, and Walgreens Boots Alliance on Thursday
  • Construction statistics for November to be reported on Tuesday
  • Traders pricing in six 25-basis-point cuts to the federal-funds rate by the end of 2024

Stock and bond markets will be closed on Monday for New Year’s Day, with 2024 trading kicking off on Tuesday. The latest slate of U.S. labor-market data will be the highlight of the holiday-shortened week once investors return. The Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey on Wednesday, expected to show a slight increase in job openings from the previous month. On Friday, the BLS will report December employment data, with economists predicting a gain in nonfarm payrolls but a slight increase in the unemployment rate. Other economic data to watch this week includes the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index and Services equivalent. Additionally, the Federal Open Market Committee will release the minutes from its mid-December monetary-policy meeting. In terms of earnings, Conagra Brands, Lamb Weston Holdings, and Walgreens Boots Alliance will announce their results on Thursday, followed by Constellation Brands on Friday. Traders are closely monitoring the federal-funds rate, with expectations of multiple rate cuts in 2024. Stay informed with the latest updates in finance.

Public Companies: Walgreens Boots Alliance (WBA), Conagra Brands (CAG)
Private Companies:
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Factuality Level: 8
Justification: The article provides a schedule of upcoming economic data releases and market closures. It does not contain any irrelevant or misleading information. The information provided is factual and based on consensus estimates. There is no sensationalism or opinion masquerading as fact. The article does not include any bias or personal perspective. Overall, the article is informative and objective.

Noise Level: 2
Justification: The article provides a concise overview of upcoming economic data releases and market closures. It does not contain irrelevant or misleading information, and stays on topic without diving into unrelated territories. However, it lacks scientific rigor, intellectual honesty, and actionable insights. It mainly serves as a brief summary of upcoming events.

Financial Relevance: Yes
Financial Markets Impacted: Stock and bond markets

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article provides information about the upcoming trading week, including the closure of stock and bond markets on New Year’s Day and the release of important economic data such as the Job Openings and Labor Turnover Survey and December employment data. However, there is no mention of any extreme events or their impact.

Reported publicly: www.marketwatch.com