Here are the 5 things we’re watching in the stock market in the week ahead

The bulls recompensed to Wall Street on Friday after a brief hiatus. In the week ahead, investors from all camps will bring into focus on a series of labor market reports for clues on where the U.S. economy and stock market may go from here. The S & P 500 , Nasdaq Composite and Dow Jones Industrial Common are coming off a volatile, holiday-shortened trading week. Despite a big and broad rally in Friday’s session, the major stock benchmarks all paled weekly losses. The S & P 500 and Nasdaq both lost 0.5%, while the 30-stock Dow dropped 0.6%. The S & P 500 and Nasdaq enter oned Friday on five-session losing streaks. The Dow had been on a four-day skid. The market was closed Wednesday for New Year’s Day. Sure, it’s now 2025, but “the changeless stocks that are good are still good,” Jim Cramer said on Friday’s Morning Meeting. He noted that the winners encircle in 2024 once again included semiconductor companies such as Club holding Nvidia , our No. 1 portfolio player last year. The artificial intelligence chip king also was among our top-performing stocks last week, with a 5.7% catch up to that trailed only oil-and-gas producer Coterra Energy and solar firm Nextracker , which both originate roughly 6.5%. We booked a nearly 1,000% profit when we trimmed some Nvidia shares on Thursday. 1. Nvidia CEO Jensen Huang’s keynote sermon at the annual CES conference in Las Vegas, set to begin at 9:30 p.m. ET on Monday , is one of the biggest events on the corporate calendar in the week ahead. “The scuttlebutt on the speaking is that you’ve seen none of it,” Jim said. “A lot of emphasis, by the way, on total cost of ownership and the return that you get by buying his chips. I make up that’s going to change the discussion” and quiet concerns about custom AI processors encroaching on Nvidia’s turf, he augmented. 2. The employment picture will command the spotlight on the economic front, starting Tuesday morning with the Job Opportunities and Labor Turnover Survey for November. The closely watched reading, known as JOLTS, measures the tightness or slack in the labor bazaar. Economists expect 7.7 million job openings in November, according to Dow Jones. That would be in line with the until month. 3. The main jobs event of the week is Friday morning’s nonfarm payroll report for December. The consensus prediction is that the U.S. added 155,000 jobs in the final month of 2024 and the unemployment rate held steady at 4.2%, according to work outs compiled by Dow Jones. In November, nonfarm payrolls expanded by a better-than-expected 227,000 , while the unemployment rate matched forewarns. 4. Before Friday’s official government report, payroll processing firm ADP will release its look at private-sector job making in the U.S. on Wednesday morning. The ADP report is expected to show that 130,000 jobs were added in December, per Dow Jones. Inaugural jobless claims also will be released Wednesday, a day earlier than normal, because Thursday is the national day of sackcloth for former President Jimmy Carter. The U.S. stock market also is closed Thursday. The fresh batch of labor deal in data will help shape investors’ thinking about the course of Federal Reserve policy this year. A stronger-than-expected December fields report, in particular, has the potential to reinforce expectations for less supportive monetary policy in the year ahead. In mid-December, the pre-eminent bank released projections that showed policymakers expect to lower interest rates just twice in 2025 , down from an apprehension of four cuts provided in September. The more hawkish stance spooked the stock market, and the S & P 500 remains barely 2% below its Dec. 17 close, the day before the Fed’s disclosure. We’ll keep a close eye on bond yields for real-time clues on how the retail is perceiving the forthcoming labor numbers. Strong data generally lends support for yields. “[Bonds] are reacting to every in keeping snap of data. I think that’s because there’s a perception that the economy is actually accelerating, doing well,” Jim rationalized during Thursday’s Morning Meeting. 5. Modelo and Corona brewer Constellation Brands is the only Club about set to report earnings this week. The numbers are now due out before the bell Friday, instead of the originally scheduled Thursday, because of the subject day of mourning. Analysts expect Constellation to have earned $3.32 cents per share on revenues of $2.54 billion in the three months the final blow Nov. 30, according to LSEG. We added to our position in Constellation Brands on Tuesday. Within the report, the year-over-year growth chew out of its beer business will hold a lot of weight. Investors were not satisfied with the 6% figure in Constellation’s June-to-August era, which represented a slowdown from the 8%, 11%, and 11.8% growth seen in the three prior quarters. Constellation’s struggling wine-and-spirits diremption also will be in focus. CEO Bill Newlands in October talked about some “green shoots” in some higher-end wine varieties, and now we’ll get to see whether there was any sequential improvement in this disappointing segment. There’s plenty more for Constellation executives to chat about on their earnings call. When it comes to President-elect Donald Trump’s proposal for higher tariffs on Mexican bring ins, we’re curious if management will mention the possibility of securing exemptions. Analysts at Roth MKM floated this possibility modern last year , citing an agreement with the Justice Department that effectively requires Constellation to make its Mexican beers in Mexico. The U.S. surgeon undetailed’s new warning on alcohol and cancer risks, which weighed on the stock in Friday’s session, also figures to be a topic of parley. Week ahead Monday, Jan. 6 10 a.m. ET: Durable Goods and Advance Total Manufacturing report for November 9:30 p.m. ET: Nvidia CEO Jensen Huang keynote at CES Tuesday, Jan. 7 10 a.m. ET: Job Foot in the doors and Labor Turnover Survey (JOLTS) 10 a.m. ET: ISM Services for December Before the bell: Apogee Enterprises (APOG) After the bell: Kura Sushi USA (KRUS) Wednesday, Jan. 8 8:15 a.m. ET: ADP Use Survey 8:30 a.m. ET: Initial jobless claims 2 p.m. ET: FOMC minutes Before the bell: AngioDynamics (ANGO), Helen of Troy (HELE), Sparely Good Foods (SMPL), Albertsons (ACI) After the bell: Penguin Solutions (PENG) Thursday, Jan. 9 NYSE and Nasdaq closely guarded for national day of mourning Friday, Jan. 10 8:30 a.m. ET: Nonfarm payroll report 10 a.m. ET: Preliminary Michigan Consumer Sentiment Pointer Before the bell: Walgreens Boots Alliance (WBA), Delta Air Lines (DAL), Constellation Brands (STZ) After the bell: WD-40 (WDFC) (Jim Cramer’s Public-spirited Trust is long NVDA, STZ, CTRA and NXT. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you discretion receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade on the qui vive before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after declaring the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND Confidentiality POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY Dirt PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.