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

It’s going to be another holiday-shortened trading week for stock and bond markets Closed on Wednesday New Year’s Day holiday. The bond market will also be closed early for New Year’s Eve on Tuesday. Whether we have a Santa Claus rally or not, we’ll be close.

Noteworthy new real estate and construction data is likely to be released this week, including November pending home sales, the October home price index, and November construction spending data. Investors can also look forward to Purchasing Managers Index (PMI) Manufacturing survey data.

On Friday, Richmond Fed President Tom Barkin will speak to the Maryland Bankers Association.

Monday, December 30

• Chicago Business Barometer (December)
• Dallas Fed Manufacturing Survey (December)
• Homes for Sale (November)

Tuesday, December 31 (New Year’s Eve)

• S&P Case-Shiller Home Price Index (October)
• FHFA House Price Index (October)
• Bond markets close at 2 p.m. ET

Wednesday, January 1 (New Year’s Day)

• Stock and bond markets closed

Thursday, January 2

• Initial jobless claims (week ended December 28)
• Construction spending (November)
• S&P U.S. Manufacturing PMI final value (December)
• Life Core Biomedicine (LFCR) reported earnings
• Tesla (Tesla) Estimated deliveries in the fourth quarter

Friday, January 3

• Institute for Supply Management (ISM) Manufacturing PMI (December))
• Richmond Fed President Tom Barkin delivers a speech

Market closed for New Year’s Day holiday

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, bond markets will be closed for New Year’s Eve at 2 p.m. ET.

Real estate and construction data due

On Monday, the National Association of Realtors’ pending home sales data will show whether Home purchases rise Continue in November. That’s not the only real estate data investors will get, as Tuesday’s real estate data S&P Case-Shiller Home Price Index Can display whether House prices hit new highs October. The Federal Housing Finance Agency is also scheduled to release home price data on Tuesday.

The Census Bureau will release construction spending data Thursday, November. The report covers activity in the housing market, as well as non-residential construction activities such as factories and roads.

The Labor Department’s weekly initial jobless claims report will follow its normal Thursday release schedule. The number of workers filing for initial jobless benefits in the previous week was slightly lower than expected.

Manufacturing Purchasing Managers’ Index (PMI) data will also be released this week, with S&P Global releasing survey results on Thursday and closely watched ISM data on Friday.

Also on Friday, Richmond Fed President Tom Barkin will speak before the Maryland Bankers Association, following recent remarks by other Fed officials optimistic tone About future interest rates Central bank lowers interest rate cut expectations 2025.

Few companies are reporting earnings this week. Tesla investors will likely focus on the company’s latest quarterly delivery report, which is expected to be released on Thursday. Minnesota-based Lifecore Biomedical is also due to release quarterly financial results that day.

Will the market bring a Santa Claus rally?

Investors sometimes refer to a stock’s upward trend during the last five trading days of one year and the first two trading days of the next year as “santa claus rally” This means that Friday’s closing price, which marks the end of the second trading day in 2025, will provide the final reading for the quarter.