Optimistic Market Outlook 2024: What to Expect This Week with New Year’s Day Holiday and Key Economic Indicators
OverviewPending Home SalesHome Price IndexesConstruction SpendingManufacturing PMIInitial Jobless ClaimsKey Events Calendar
Overview
As we approach the New Year’s Day holiday, the markets will experience a shortened trading week. Here’s what investors should expect, including key economic indicators, Fed speeches, and market holidays the market outlook.
Market Holidays
New Year’s Day: Both stock and bond markets will be closed on Wednesday, January 1, 2025, in observance of New Year’s Day. Bond markets will also close early at 2 p.m. EST on Tuesday, December 31, for New Year’s Eve.
Economic Indicators
Pending Home Sales
On Monday, December 30, the National Association of Realtors will release pending home sales data for November. This data will provide insights i...