Big Tech: Microsoft and Google's parent company Alphabet will release its latest quarterly results after trading closes in New York. Investors are eager for insights into the tech giants' AI plans for the coming year. Both Microsoft and Alphabet are expected to post jumps in revenue in 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 front-runner, has warned donors who continue to support Haley that they will be “expelled” from his “MAGA camp.”
Other Income: General Motors, Pfizer and UPS will report their latest earnings before the market opens. Starbucks, Mondelez, AMD and Match Group will release their results after the closing bell.
Jobs: Economists expect the number of job openings in the U.S., an indicator of labor demand, to have fallen to 8.75 million in December from 8.79 million in November.
Lined: The Federal Reserve's Federal Open Market Committee, which sets interest rates, will begin its two-day meeting with a decision expected to be made on Wednesday.
Other data: The Conference Board's consumer confidence index is expected to reach 115 in January, up from 110.7 in December.