What To Expect in the Markets This Week | Global News Avenue

Market trading hours will be shortened during the Christmas holiday, with all markets closed on Wednesday for the holiday and trading hours shortened on Christmas Eve.

Investors will pay close attention to relevant reports consumer confidence, new home salesdurable goods orders, initial jobless claims, international trade and retail inventories. Few earnings reports are scheduled.

Monday, December 23

• Consumer Confidence Index (December)
• Anavex Life Sciences (AVXL) reported earnings

Tuesday, December 24

• Durable Goods Orders (November)
• New Home Sales (November)
• The stock market closes at 1 p.m. ET
• Bond markets close at 2 p.m. ET

Wednesday, December 25

Thursday, December 26

• Initial jobless claims (week ended December 21)

Friday, December 27

• Promote international trade balance (November)
• Prepaid retail inventory (November)
• Prepaid Wholesale Inventory (November)

Christmas holidays shorten trading week

Investors will have fewer trading opportunities during the holiday-shortened week. Markets will be closed on Wednesday for Christmas. On Tuesday, the stock market will close at 1 p.m. ET and the bond market will end trading at 2 p.m.

Despite the shortened week, some economic indicators are still scheduled to be released, starting with data from The Conference Board consumer confidence index on Monday. this labor sensitive investigation Coming As a recent consumer Reports feel better about economy After the election. Fed officials pay close attention consumer inflation expectationsthe central bank decided on December 18 Reduce interest rate cut expectations.

On Tuesday, investors will get Census Bureau data on new home sales and durable goods orders. The new home sales report comes after similar data showed Existing home sales increase November. The durable goods orders report will provide insight into the health of U.S. manufacturing.

Thursday’s initial jobless claims data are as follows: unemployment rate rises Fed officials have been paying attention. On Friday, investors will learn about inventory levels at retailers and wholesalers, which could provide a sense of whether product sellers expect increased activity.

New York-based pharmaceutical company Anavex Life Sciences is set to release quarterly financial results on Monday despite limited earnings reporting during the holiday week.