Markets enter December facing a week packed with comprehensive economic data, high-profile earnings, and multiple Fed Chair Powell appearances that together could determine the trajectory for both the final month of 2025 and early 2026 positioning. The week begins with Monday's manufacturing sector assessment through PMI and ISM data, followed by Powell's evening speech at 8:00pm that will be scrutinized for insights into the December rate decision following recent economic data and market volatility. Wednesday delivers an intensive convergence of cloud software earnings from Snowflake (SNOW) and Salesforce (CRM) alongside comprehensive services sector data that will provide critical perspectives on both enterprise technology spending and broader economic activity. Tuesday's earnings from CrowdStrike (CRWD) and Marvell (MRVL) will test cybersecurity and semiconductor demand amid ongoing questions about technology spending resilience. Friday's Core PCE Price Index represents the Fed's preferred inflation measure and will significantly influence December meeting expectations just two weeks before the policy decision. The combination of manufacturing and services data throughout the week will paint a comprehensive picture of economic momentum heading into year-end.
Here are 5 things to watch this week in the Market.
