The week ahead

Today

Congressional recess all week.

Economic indicators: October existing home sales.

Tuesday

Securities and Exchange Commission considers whether proxy statements could be posted online.

Economic indicators: October durable goods, new home sales; November consumer confidence.

Wednesday

Economic indicators: GDP (3Q annualized).

Thursday

World Trade Organization general council meeting.

Economic indicators: October personal income and spending, construction spending; November ISM manufacturing, retail sales.

Friday

Federal Reserve Chairman Alan Greenspan addresses Philadelphia Fed conference on international imbalances.

Economic indicators: November unemployment.