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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