The, Russell 2000, NASDAQ 100, S&P 100 and the Dow Jones Industrial Average were lower for the week.
1.Geopolitical and Fiscal Events. Monday sees markets open to a deal announced between the European Union and Great Britain on Brexit. Wednesday sees Federal Reserve Chairman Powell speak. Thursday sees the FOMC release it latest minutes. Saturday sees President Trump and President Xi meet at the G-20.
2.Economic Releases. Releases of note this week and next include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as consumer confidence, Q3 GDP, new home sales, personal income and Chicago PMI.
3.Earnings Releases. Notable releases this upcoming week include PDCO CRM BNS RY COL SJM TD HPQ WDAY BIG.
Monday, November 26
The European Union (EU) and Great Britain announced they have a deal on Brexit. Markets reaction to this news will be key for whether it can spark a rebound.
Tuesday, November 27
November Consumer Confidence is released at 10:00 a.m. EDT and is expected to fall to 135.5 from 137.90.
The latest short interest data from the NYSE and NASDAQ are due out after the close. During this period, the S&P 500 rose 2.28%.
Wednesday, November 28
Q3 GDP is due out at 8:30 a.m. EDT and is expected to remain at 3.50%
October New Home Sales are due out at 10:00 a.m. EDT and are expected to rise to 580,000 from 553,000.
Federal Reserve Chairman Powell speaks to the Economic Club of New York.
Thursday, November 29
October Personal Income is due out at 8:30 a.m. EDT and is expected to rise to 0.4% from 0.2%.
Federal Reserve Open Market Committee (FOMC) Minutes are due out at 2:00 p.m. EDT.
Friday, November 30
November Chicago PMI is due out at 9:45 a.m. EDT and is expected to fall to 58 from 58.4.
Saturday sees President Trump and President Xi meet at the G-20 in Buenos Aires to work on the framework of a trade deal.