The stockings are hung by the chimney with care but we have a few remaining bits of economic data to sort through before St. Nickolaus can begin his round:
Jobless claims are expected to rise to 560,000 from 554,000.
Durable goods orders are seen falling 3.0% in November after a 6.9% fall in October
Personal income is expected to be flat after a 0.3% rise in October
Personal consumption is seen down 0.7% after a 1.0%
Core PCE, the Fed’s prefered inflation measure, is expected to be flat month-over-month and 2.0% y-o-y.