Wall Street market participants will have plenty of important economic data to watch in the week leading up to the holidays.
Among economic reports, this week will see third quarter gross domestic product (GDP) data for October, personal income and personal consumption expenditure price index data, the Fed’s preferred inflation gauge.
Investors will also keep an eye on of the Federal Reserve The minutes of the November Monetary Policy Committee meeting will be unveiled at the end of the week.
economic calendar
On November 26 (Tuesday), the minutes of the Federal Reserve’s FOMC (Federal Open Market Committee) meeting held in November will be released.
Separate reports on the S&P Case-Shiller Home Price Index (20 cities) for September, consumer confidence for November and new home sales for October will also be released on the same day.
November 27 (Wednesday) on Durable Goods Orders for October, Gross Domestic Product (First Revision) Third Quarter (Q3), Chicago Business Barometer (PMI) for November, and Personal Income (Nominal), Personal Expenditures for October Different reports were given. Data for October (nominal), Personal Consumption Expenditures (PCE) Index for October, and Pending Household Sales for October will be released.
Income
The following companies are scheduled to report third-quarter earnings in the coming week – Agilent Technologies, Zoom Video Communications, Woodward, Bath & Body Works, Semtech, Analog Devices, Dell Technologies, CrowdStrike Holdings, Guess?, Manchester United, Workday, Autodesk, Patterson Companies, Zuora, Frontline and Miniso Group Holding.
last week market
American stock indices closed with gains on Friday.
The Dow Jones Industrial Average rose 426.16 points, or 0.97 percent, to 44,296.51, the S&P 500 rose 20.63 points, or 0.35 percent, to 5,969.34 and the Nasdaq Composite added 31.23 points, or 0.16 percent, to 19,003.65.
For the week, the S&P 500 rose 1.68 percent, the Nasdaq rose 1.73 percent, and the Dow rose 1.96 percent.
In the bond market, the yield on the 10-year Treasury fell to 4.41 percent from 4.42 percent.
In crypto market, Bitcoin Hovered around $99,000.
