It's a busy week on the calendar
This Friday will be the first Friday of a new month but it's a rare one that skips non-farm payrolls. That's delayed until Dec 8 but in the interim, there are a series of reports that will be sure to move markets.
Tuesday:
- Wholesale inventories
- FHFA house price index
- Case-Shiller house price index
- Consumer confidence
- Richmond Fed
Wednesday:
- The second look at Q3 GDP
- Pending home sales
Thursday:
- Initial jobless claims
- PCE report
- Chicago PMI
Friday
- ISM manufacturing
- Construction spending
- Auto sales
There is also a full slate of FOMC speakers so even if trading is a bit sluggish today, it's sure to pick up in the days ahead.
For numbers on what's expected, check out the economic calendar.