Jobless Claims Update Headlines Quiet New Year's Week

Pending home sales data is one of a few economic indicators on tap

Digital Content Manager
Dec 23, 2020 at 2:19 PM
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Investors will finally bid 2020 goodbye next week, and will immediately start looking ahead to 2021 as the market quiets down ahead of New Year's Day. The week after Christmas will be a short one, and features only a few economic indicators, including pending home sales data, the Chicago purchasing managers index (PMI), and this year's last round of jobless claims data. Meanwhile, the earnings docket will be practically empty to finish the year, if not for Weibo (WB).

Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.

Investors will be in for a slow start on Monday, Dec. 28, as no economic data is slated to be reported.

Tuesday, Dec. 29, will also be relatively quiet, except for the Case-Shiller home price index that morning.

Market activity will pick up on Wednesday, Dec. 30, with the Chicago PMI, pending home sales data, and an advance report on trade in goods on tap.

By Thursday, Dec. 31, the market will be cooling off again, with only the last round of jobless claims data of 2020 to unpack.

Markets will be closed on Friday, Jan.1, in observance of New Year's Day.

 

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