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Stock and bond markets will be closed on Wednesday for New Year’s Day. Bond markets will also close early on Tuesday.
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Pending home sales, home price indexes, and construction spending data are set for release this week.
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Investors can also look forward to manufacturing sector Purchasing Managers Index surveys.
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Richmond Fed President Tom Barkin will deliver remarks on Friday.
This will be another holiday-shortened trading week, with stock and bond markets closed on Wednesday for the New Year’s Day holiday. Bond markets will also close early on Tuesday for New Year’s Eve. And we’ll near whether or not we got a Santa Claus Rally.
Noteworthy real estate and construction updates could come this week, with pending home sales for November, home price indexes for October, and November construction spending data all on tap. Investors can also look forward to Purchasing Managers Index (PMI) survey data for the manufacturing sector.
On Friday, Richmond Fed President Tom Barkin will speak to the Maryland Bankers Association.
Monday, Dec. 30
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Chicago Business Barometer (December)
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Dallas Fed manufacturing survey (December)
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Pending home sales (November)
Tuesday, Dec. 31 (New Year’s Eve)
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S&P Case-Shiller Home Price Index (October)
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FHFA House Price Index (October)
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Bond markets close at 2 p.m. EST
Wednesday, Jan. 1 (New Year’s Day)
Thursday, Jan. 2
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Initial jobless claims (Week ending Dec. 28)
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Construction spending (November)
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S&P final U.S. manufacturing PMI (December)
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Lifecore Biomedical (LFCR) reports earnings
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Tesla (TSLA) fourth-quarter deliveries expected
Friday, Jan. 3
Investors will take a break on Wednesday for the New Year’s Day holiday as both stock and bond markets will be closed. On Tuesday, the bond market will close at 2 p.m. ET for New Year’s Eve.
On Monday, pending home sales data from the National Association of Realtors will show whether the uptick in housing purchases continued in November. It’s not the only piece of real estate data that investors will be getting, as the Tuesday release of the S&P Case-Shiller Home Price Index could show whether home prices hit another record high in October. The Federal Housing Finance Agency is also set to release home price data on Tuesday.
The Census Bureau will release construction spending data for November on Thursday. The report covers activity in the housing market, as well as non-residential building activity like factories and roads.
