We'll get the first full trading day since the trade deal was announced, a read on a manufacturing gauge and housing data on Monday.
Chinese President Xi Jinping shakes hands with President Donald Trump before a bilateral meeting during the G20 Summit on June 29, 2019 in Osaka, Japan.Here are the most important things to know about Monday before you hit the door.Monday will be the first full day of trading after phase one of the U.S.-China trade deal was unveiled.
Stocks didn't rally on the trade deal news due to its lack of clarity. Larry Kudlow appeared on CNBC's "Power Lunch" on Friday and said the deal should lift business confidence, but "we will see how it works. We will see if the Chinese stay with their word."We'll get a read on the health of the manufacturing sector in the New York area on Monday when the New York Federal Reserve releases its Empire State manufacturing survey.
We'll also get a first read on manufacturing as whole with Manufacturing PMI and Services PMI flash readings on Monday.We'll get data on the strength of home building in the U.S. on Monday with the the National Association of Home Builders/Wells Fargo Housing Market Index set to release at 10:00 a.m.
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