Housing data will trickle in toward the end of the week
While the market has undoubtedly seen heightened volatility in the weeks leading up to Christmas, next week -- typically a bullish week for stocks -- should be relatively quiet, at least as far as Wall Street's calendar is concerned. Stocks will have an abbreviated session on Monday, with a break in trading on Tuesday for Christmas. The week will be free of notable earnings, too.
Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.
U.S. markets will close early on Monday, Dec. 24, at 1 p.m. ET for Christmas Eve. During the abbreviated session, traders will look at the Chicago Fed National Activity Index.
Markets will be closed on Tuesday, Dec. 25, for Christmas.
Wednesday, Dec. 26, will feature the S&P Corelogic Case-Shiller home price index.
Thursday, Dec. 27, marks the busiest day next week, with traders digesting the Fed's balance sheet, weekly jobless claims, new home sales, consumer confidence data, and the Energy Information Administration's (EIA) weekly crude inventories report.
The holiday week will end Friday, Dec. 28, with data on international trade, the Chicago purchasing managers manufacturing index (PMI), and the pending home sales index.