Look for Final U.S. GDP numbers on Tuesday (2.8%Q/Q, 0.5% Price Index), followed by Existing Home Sales (6.31M) and the House Price Index (0.2%M/M).
A majority of U.S. shoppers say they are shopping the same amount or less online this holiday season, despite web promotions and a weekend storm that struck the East Coast, according to a survey released on Monday.
The Dow and the S&P 500 slipped on Friday as the U.S. dollar's advance led investors to pare back risky bets, but the Nasdaq edged higher as upbeat results from Oracle and Research In Motion boosted optimism about technology spending.
U.S. stock index futures pointed to a higher open on Friday after upbeat results from technology bellwethers Oracle and Research In Motion.
U.S. stocks rose on Wednesday as a benign reading on the November Consumer Price Index bolstered expectations that the Federal Reserve will keep its accommodative monetary stance to foster an economic recovery.
Stocks should score a second straight year of gains in 2010 as an economic recovery brightens the profit outlook, extending the market's rebound from the depths of a punishing financial crisis, a Reuters poll showed on Wednesday.
Top chief executives from the U.S. manufacturing sector will attend a meeting hosted by Vice President Joe Biden in Washington on Wednesday, a White House spokesman said on Tuesday.
U.S. stocks rose on Monday as Abu Dhabi's $10 billion in aid to help Dubai avoid default eased concerns, and a takeover deal by Exxon Mobil Corp raised optimism about mergers and acquisitions.
U.S. stocks gained on Monday on relief that Abu Dhabi's $10 billion aid would help neighboring Dubai avoid default, and a takeover deal by oil and gas giant Exxon Mobil Corp fed optimism about the growth of mergers and acquisitions.
GBP: This week has a lighter slate of economic releases scheduled in the United Kingdom than the previous week. Look for the Rightmove House Price Index (last -1.6%) plus the BOE's quarterly bulletin on Monday, then CPI (1.8%Y/Y) and RPI (0.2%Y/Y) on Tuesday.
Asian stocks rebounded on Monday after Dubai said it had received $10 billion from Abu Dhabi to repay debt, which pushed down the yen and boosted the euro and emerging Asian currencies as risk appetite improved.
The Dow and S&P 500 closed up for a third straight session on Friday after several solid consumer-related reports reinforced investors' confidence in a steady recovery by the economy.
The Dow and S&P 500 closed up for a third straight session on Friday after several solid consumer-related reports reinforced investors' confidence in a steady recovery by the economy.
The Dow and S&P cut early gains on Friday on strength in the U.S. dollar, while the Nasdaq turned negative after disappointing quarterly results from a semiconductor company pressured tech stocks.
The Dow cut early gains on Friday, pressured by strength in the U.S. dollar, while declines in shares of large cap technology companies dragged the Nasdaq into the red.
Stocks fell on Tuesday after a disappointing outlook from 3M Co and a second straight month of falling domestic sales at McDonald's Corp triggered concern about consumer spending.
Stocks held moderate gains, but retreated from session highs at midday on Friday as investors wrestled with the prospect that the Federal Reserve might have to raise interest rates after data showed the economy shed far fewer jobs than expected last month.
U.S. stocks lost ground on Thursday after data showing the U.S. services sector shrank unexpectedly in November offset Bank of America's plans to repay $45 billion in taxpayer bailout funds.
U.S. stock indexes pointed to a higher open on Thursday after Bank of America Corp said it would repay $45 billion in taxpayer bailout funds and data showed initial jobless claims fell last week.
The Nasdaq rose on Wednesday as strong online holiday sales boosted shares of retailers, including Amazon.com , and relieved some concerns about the consumer.
The Nasdaq rose on Wednesday as strong online holiday sales boosted shares of retailers, including Amazon.com , and relieved some concerns about the consumer.
U.S. stocks rose on Wednesday after a private-sector employment report showed an improvement from October and the S&P pushed through a key technical level.
