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GDP, consumer confidence on tap

Today brings important economic news from both sides of the Atlantic.

Revised German gross domestic product and the country's Ifo business-confidence index are both due early. The second reading on third-quarter U.S. GDP follows at 8:30 a.m. ET. Forecasters anticipate growth of 2 percent, up from the previously reported 1.5 percent gain.

Consumer confidence at 10 a.m. is expected to rise to 99.6 from 97.6 in October.

Dollar Tree, Tiffany, and Analog Devices report earnings before the market opens. HP follows after the closing bell.

Tomorrow is very busy because of Thanksgiving on Thursday. The agenda includes mortgage applications, jobless claims, personal income and spending, durable-goods orders, the Case-Shiller and FHFA home-price indexes, new-home sales, revised consumer sentiment, crude-oil inventories, and natural-gas inventories. Deere's results are also slated for the pre-market.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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