There was little market-moving economic or corporate news on this last trading day of the season. Rather, the press reviewed the unexpectedly bullish nature of the trading/investing year that has just come to a close, and - as discussed here yesterday – indulged in further bullish forecasts for the coming year.

Please note that Tuesday (January 2) will be a national day of mourning for the former US President Gerald Ford. As a result, most traders will enjoy a four-day weekend (details below). The bond market will be open, but will see an early close.

Key economic data for the week starting January 2, 2007. Numbers shown are consensus estimates (market anticipates this value) and prior value.

Monday:
	Markets Closed for New Years Day

Tuesday:
	National day of mourning for former U.S. President Gerald Ford. NASDAQ stock market, NYSE, and the American Stock Exchange (AMEX) will be closed. 10:00 ISM Manufacturing Index for December: 50.0 / 49.5 2:00 FOMC Minutes.

Thursday:
	10:00 Factory Orders for November: NA / -4.7% ISM Non-Manufacturing Index for December: 57.0 / 58.9

Friday:
	8:30 Non-Farm Payrolls for December: 90K / 132K Unemployment Rate: 4.5% / 4.5% Average Hourly Earnings for December: 0.2% / 0.2%

© HGH Associated Press

News Archive (from 10/1/2006 until 12/31/2006)