There are quite a few key events on January 9th worth paying close attention to.

At 8:30 AM Eastern Time (21:30 Beijing Time), the U.S. Bureau of Labor Statistics will release the December unemployment rate and non-farm payroll data. These two indicators are very important, directly reflecting the current state of the U.S. economy and having a significant impact on the Federal Reserve's subsequent interest rate decisions. Good or bad data could trigger intense market volatility.

At 10:00 AM (Eastern Time), the U.S. Supreme Court will rule on the legality of Trump's tariff policies. If the court finds the tariffs illegal, there could be substantial refunds later on, but such lawsuits typically take years to resolve case by case and do not cause immediate cash flow shocks. The impact on market expectations should not be underestimated either.

In the afternoon, U.S. Treasury Secretary Janet Yellen will deliver a speech at 12:45 PM ET, and Trump will speak at 9:00 PM ET. The statements from these two high-level officials could serve as turning points for market sentiment.

In summary, January 9th is a period prone to market fluctuations, and traders should be prepared.