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Monday, 23 December 2024

Investing Updates: Christmas Market Hours, Housing Data, and More: What to Know This Week


URL: https://ttm.financial/m/news/2493226767?lang=en_US&edition=fundamental

Gemini summarized:

This week is a relatively quiet one for investors with shortened trading hours on Christmas Eve and markets closed on Christmas Day.

Key Economic Data Releases:

  • Monday:
    • Consumer Confidence Index: Expected to increase slightly.
    • Durable Goods Orders: Expected to decline slightly overall, but increase excluding transportation.
    • Residential Sales: Expected to increase compared to October.
  • Thursday:
    • Initial Jobless Claims: Expected to remain at a relatively low level.

Important Notes:

  • Government Shutdown: If a government shutdown occurs, some economic data releases may be delayed or not released at all.
  • Earnings Season: Fourth-quarter earnings season begins on January 15th.

Market Closings:

  • Tuesday (Christmas Eve): Stock and bond markets close early.
  • Wednesday (Christmas Day): Markets are closed.

This summary provides a brief overview of the key events and data releases expected this week.

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