Subsequent week will convey the ultimate days of November in addition to the Thanksgiving vacation, with markets closed on Thursday and shutting early on Friday. However, there will likely be no scarcity of financial indicators for merchants to digest earlier than these closures, with the non-public consumption expenditure (PCE) index and client confidence information scheduled for launch.
Retailers are on the incomes docket earlier than Black Friday, with Abercrombie & Fitch (ANF), Best Buy (BBY), Dick’s Sporting Goods (DKS), Kohl’s (KSS), Macy’s (M), Nordstrom (JWN), and Urban Outfitters (URBN) anticipated to announce outcomes. Tech giants CrowdStrike (CRWD), Dell Technologies (DELL), and HP (HPQ) will report as nicely.
Under is an inventory of key market occasions scheduled for the upcoming week. All financial dates listed beneath are tentative and topic to vary.
There is no such thing as a financial information scheduled for Monday, November 25.
Tuesday, November 26 options the S&P Case-Shiller house worth index, client confidence, and new house gross sales information. Plus, the Federal Reserve will launch minutes from its Could Federal Open Market Committee (FOMC) assembly.
Wednesday, November 27 packs a heavy financial information punch, with preliminary jobless claims, sturdy items orders, commerce steadiness in items, superior retail and wholesale inventories, and a gross home product (GDP) revision on faucet. Buyers will even be eyeing private revenue and spending information, pending house gross sales, in addition to the PCE and core PCE indexes for October.
Markets will likely be closed on Thursday, November 28 to look at the Thanksgiving vacation.
The Chicago Enterprise Barometer (PMI) is due out on Friday, November 29, earlier than an early market closes at 1 p.m. ET.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.