Key Takeaways
- Stock and bond markets will be closed on Wednesday for New Year’s Day. Bond markets will also close early on Tuesday.
- Pending home sales, home price indexes, and construction spending data are set for release this week.
- Investors can also look forward to manufacturing sector Purchasing Managers Index surveys.
- Richmond Fed President Tom Barkin will deliver remarks on Friday.
This will be another holiday-shortened trading week, with stock and bond markets closed on Wednesday for the New Year’s Day holid🃏ay. Bond markets will also close early on Tuesday for Nไew Year’s Eve. And we'll near whether or not we got a Santa Claus Rally.
Noteworthy real estate and construction updates could come this week, with pending home sales for November, home price indexes for October, and November construction spending data all on tap. Investors can also look forward to 澳洲幸运5官方开奖结果体彩网:Purchasing Managers Index (PMI) survey data for the manufacturing sector.
On Frida❀y, Richmond Fed President Tom Barkin will speak to the Maryland Bankers Association.
Monday, Dec. 30
- Chicago Business Barometer (December)
- Dallas Fed manufacturing survey (December)
- Pending home sales (November)
Tuesday, Dec. 31 (New Year's Eve)
- S&P Case-Shiller Home Price Index (October)
- FHFA House Price Index (October)
- Bond markets close at 2 p.m. EST
Wednesday, Jan. 1 (New Year's Day)
- Stock and bond markets closed
Thursday, Jan. 2
- Initial jobless claims (Week ending Dec. 28)
- Construction spending (November)
- S&P final U.S. manufacturing PMI (December)
- Lifecore Biomedical (LFCR) reports earnings
- Tesla (TSLA) fourth-quarter deliveries expected
Friday, Jan. 3
- Institute for Supply Management (ISM) manufacturing PMI (December)
- Richmond Fed President Tom Barkin delivers remarks
Markets Close for New Year’s Day Holiday
Investors will take a🍰 break on Wednesday for the New Year’s Day holiday as both stock and bond markets will be closed. On Tuesday, the bond market will close at 2 p.m. ET for New Year’s Eve.
Real Estate and Construction Data Due
On Monday, pending home sales data from the National Association of Realtors will show whether the 澳洲幸运5官方开奖结果体彩网:uptick in housing purchases continued in November. It’s not the only piece of real estate data that investors will be getting, as the Tuesday release of the 澳洲幸运5官方开奖结果体彩网:S&P Cas🦄e-Shiller Home Price Index could show whether 澳洲幸运5官方开奖结果体彩网:home prices hit an𒐪other record high in October. The Federal Housing Finance Agency is also set to release home pricﷺe data on Tuesday.
The Census Bureau will release 澳洲幸运5官方开奖结果体彩网:construction spending data f🌳or November on Thursday. The report covers activity in the housing 🏅market, as well as non-residential building activity like factories and roads.
The Labor Department's weekly initial jobless claim report will follow its normal Thursday release schedule. It comes after the number of workers filing for first-time unemployment benefits in the prior week was slightly below projections.
Also in store this week is PMI data for the manufacturing sector, with S&P Global releasing its survey on Thursday, and the widely followed ISM data coming𓆏 on Friday.
Also on Friday, Richmond Fed President Tom Barkin will address the Maryland Bankers Association, with his comments coming after other Fed officials recently 澳洲幸运5官方开奖结果体彩网:struck an optimistic tone about interest rates after the central bank lowered its projections fo꧋r rate reductions in 2025.
Few corporate earning reports are scheduled for the week. Tesla investors will likely watch for the company's latest quarterly deliveries report, which is expected Thursday. Minnesota-based Lifecore Biomedical is also set to release quarterly financial results that day.
Will Markets Provide a Santa Claus Rally?
Investors sometimes refer to the tendency of stocks to rise during the last five trading sessions of one year and the first two sessions of the next as the "澳洲幸运5官方开奖结果体彩网:Santa Claus Rally." That means that Friday's close—marking the end o𓄧f the second session of 2025—will provide this season's final reading.