Record highs, Chicago PMI and home sales: 3 things to watch for on Monday

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Record highs, Chicago PMI and home sales: 3 things to watch for on Monday
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Here are the most important things to know about Monday before you hit the door.

The S&P 500 is hovering just under the level that would make it the best year for the index since 1997. The S&P 500 needs to finish above the 3,253 level for the year to pass 2013 as the best year this century.Several key economic indicators will be released on Monday morning, including the Chicago purchasing manager index.

The Chicago PMI was at 46.3 last month. Analysts expect a print of 47.4, according to Dow Jones, which would be the fourth straight reading below 50.Monday also brings new data about the real estate market. Pending home sales, a measure of signed contracts, will be released for the month of November.Analysts expect an increase of 1%, according to Dow Jones.10:00 a.m. Pending home sales

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