Heads up: The way things have been going lately, investors may be thankful the stock market will be closed Thursday.
Heads up: The way things have been going lately, investors may be thankful the stock market will be closed Thursday. But before we get there, we have to deal with economic reports that may be tough to stomach. They begin with Monday’s report on existing-home sales for October, from the National Association of Realtors. And on Wednesday the Commerce Department releases the October report on new-home sales. Other major reports due out this week include: the Conference Board’s latest consumer-confidence index Tuesday and on Wednesday, the October figures on durable-goods orders.
Tuesday: S&P/Case-Shiller releases its monthly index of home prices in 20 metropolitan areas, including Seattle.
Thursday: U.S. financial markets are closed for the Thanksgiving holiday.
Friday: The traditional holiday-shopping season begins in earnest with retailers expected to cut prices to entice consumers to open up their wallets.
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