Walgreens, jobless data, mortgage rates: What to Watch

Yahoo Finance Live anchor Josh Lipton previews the top stories expected for Thursday, January, including earnings due out from Walgreens Walgreens (WBA) and Conagra Brands (CAG), jobless claims data from the final week of December 2023, and the latest mortgage rate readings.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Eyek Ntekim.

Video Transcript

JOSH LIPTON: Time now for what to watch Thursday, January 4th. On the earnings front, we're getting results from Walgreens and Conagra, both reporting tomorrow ahead of the open. Walgreens announcing 2024 first quarter earnings, and Conagra releasing second quarter earnings for 2024.

Now to the labor market, new jobless claims data, the weekly report of people filing to receive unemployment insurance, is coming out in the morning. Economists forecasting a slight uptick from the prior week and will give us some more insight on the health of the economy going into Friday's big jobs report. And moving over to the housing market, the first look at mortgage rates of the new year coming out at noon. The 30-year fixed rate drop in the last week for the ninth consecutive time but still well over 6%