EARN25

Fed Meeting Minutes on Tap Before Thanksgiving Break

The market is closed on Thursday to observe the holiday

Digital Content Manager
Nov 16, 2023 at 1:00 PM
facebook X logo linkedin


Before Wall Street takes a break next week to celebrate Thanksgiving, there will be some key economic indicators in addition to the Federal Reserve's meeting minutes. When investors return, there will also be a fresh batch of manufacturing and services data.

The earnings docket is looking very sparse, but quarterly reports are still coming from Abercrombie & Fitch (ANF), Deere (DE), Dick's Sporting Goods (DKS), HP (HPQ), Kohl's (KSS), Lowe's (LOW), Nordstrom (JWN), Nvidia (NVDA), Urban Outfitters (URBN), and Zoom Communications (ZM).

Investors should also be monitoring trade deficit data, as well as the ongoing and escalating conflict in the Middle East, which continues to put commodities prices on notice. 

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

Monday, Nov. 20 brings U.S. leading economic indicators.

Existing home sales and the Federal Open Market Committee's (FOMC) meeting minutes are due out on Tuesday, Nov. 21.

Initial jobless claims, durable goods orders, and consumer sentiment data are on tap Wednesday, Nov. 22.

The market will be closed on Thursday, Nov. 23 in observance of Thanksgiving.

Friday, Nov. 24 features the S&P flash services and manufacturing purchasing managers' indexes (PMI), before the market closes early at 1 p.m. ET.

 

You Don’t Need 25 Alerts -- You Need ONE You Can Trust!

That’s the idea behind Trade of the Week, Schaeffer’s newest trade alert.

Every Monday morning before the opening bell, you’ll receive a single, expertly researched trade recommendation -- built from the same proprietary research we’ve been using for over four decades.

It’s not just a signal.

It’s a plan designed for traders who are tired of jumping from alert to alert without ever finding their edge.

No juggling alerts. No switching directions mid-week. Just one clear, expertly researched trade idea -- delivered before the market even opens.

👉 JOIN RIGHT NOW FOR JUST $1 TO GET THE NEXT TRADE!