Reported 4 days ago
This week, the stock and bond markets will observe closures for New Year’s Day, with early closing on New Year’s Eve. Key economic data will be released including pending home sales, home price indices, and construction spending. Investors will also receive manufacturing sector PMI data, with Richmond Fed President Tom Barkin set to speak on Friday. As the holiday trading week unfolds, the focus will be on whether the expected Santa Claus rally materializes.
Source: YAHOO