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"Santa Claus Rally" in jeopardy: Can U.S. stocks finish the year strong?
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What to Expect in the Week Ahead (Pending Home Sales, Initial Claims and Manufacturing Data to Guide Markets)

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Moomoo Breakfast US joined discussion · Dec 30, 2024 09:19
What to Expect in the Week Ahead (Pending Home Sales, Initial Claims and Manufacturing Data to Guide Markets)
Macroeconomic Events
Following last week's steep decline on Wall Street, the upcoming holiday-shortened week offers limited economic data for market participants to analyze.
The sell-off disrupted the typical Santa Claus rally, a seasonal trend where stocks tend to rise during the last five trading days of December and the first two of January.
Key updates for the week include pending home sales, scheduled for release on Monday, December 30. Markets will be closed on Wednesday, January 1, New Year's holiday.
On Thursday, January 2, reports on initial jobless claims and construction spending will be released.
The week concludes on Friday, January 3, with the December ISM manufacturing report.
What to Expect in the Week Ahead (Pending Home Sales, Initial Claims and Manufacturing Data to Guide Markets)
Sector Performance
What to Expect in the Week Ahead (Pending Home Sales, Initial Claims and Manufacturing Data to Guide Markets)
What to Expect in the Week Ahead (Pending Home Sales, Initial Claims and Manufacturing Data to Guide Markets)
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