Big Tech: Microsoft and Google parent Alphabet will post their latest quarterly results after trading in New York closes, with investors keen for insight into the tech giants’ AI agendas for the year ahead. Both Microsoft and Alphabet are expected to post jumps in revenue for the three months to December.
Nikki Haley: The US Republican presidential candidate will be in New York City for a major fundraiser hosted by financiers Stanley Druckenmiller, Ken Langone, Cliff Asness and Henry Kravis. Donald Trump, the Republican frontrunner, has warned donors who continue to support Haley that they will be “barred” from his “MAGA camp”.
Other earnings: General Motors, Pfizer, and UPS will report their latest earnings before the market opens. Starbucks, Mondelez, AMD and Match Group will post results after the closing bell.
Jobs: Economists project US job openings, a proxy for labour demand, to have ticked down to 8.75mn in December from 8.79mn in November.
Fed: The US Federal Reserve’s interest rate-setting Federal Open Market Committee will begin its two-day meeting, with a decision to come on Wednesday.
Other data: The Conference Board’s consumer confidence index is projected to come in at a reading of 115 in January, up from 110.7 in December.
