Economic Data Scheduled For Wednesday


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  • The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET.
  • Gross Domestic Product report for the third quarter will be released at 8:30 a.m. ET. US GDP is expected to grow 2.1% in the third quarter.
  • The Chicago Fed National Activity Index for November is scheduled for release at 8:30 a.m. ET.
  • Data on corporate profits for the third quarter will be released at 8:30 a.m. ET.
  • The Conference Board’s consumer confidence index for December is scheduled for release at 10:00 a.m. ET. Consumer confidence fell back to a reading of 109.5 in November. Analysts, however, expect December's reading of 110.7.
  • Data on existing home sales for November will be released at 10:00 a.m. ET. An annual rate of 6.510 million is expected for November’s existing home sales.
  • The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is scheduled for release at 10:30 a.m. ET.

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: NewsEconomicsPre-Market OutlookMarketsEconomic Data