Markets are set for an eventful week with CES in Las Vegas where Nvidia and AMD CEOs will deliver keynote speeches that could impact AI infrastructure investment narratives. Economic data culminates with Friday’s December jobs report, influencing Federal Reserve policy expectations. The week kicks off with ISM Manufacturing data and later features ADP employment, ISM Non-Manufacturing data, and JOLTS job openings. Major earnings are absent, allowing CES tech announcements and economic data to take center stage as markets look to sustain momentum from the year-end Santa Claus Rally.

The Consumer Electronics Show highlights AI hardware innovation with keynotes from Nvidia and AMD CEOs that could shape the AI infrastructure sector’s outlook for 2026. CES announcements follow recent disappointing earnings from Oracle and Broadcom, making this week crucial for sector stabilization. The December jobs report on Friday will give the final labor market snapshot of 2025, impacting Federal Reserve policy expectations. Economic data throughout the week will offer insights into inflation pressures and the overall economic momentum as the new year begins.

The first full trading week of 2026 is crucial for portfolio positioning as institutional participants return and implement new year strategies. Uncertainty surrounds AI infrastructure spending sustainability, Fed policy trajectory, inflation persistence, and labor market resilience. The economic data calendar will provide insights into inflation signals and Fed policy implications, influencing market dynamics and sector rotation. Investors will be closely watching for any signs of reaccelerating price pressures that could impact rate-sensitive sectors and risk assets.

Read more at Barchart: CES 2026, Sector Rotation and Other Key Things to Watch this Week