Wall Street’s main indexes closed in red this Tuesday amid light trading ahead of crucial economic data and a long holiday weekend. For most of the day, investors displayed minimal confidence as they analyzed the unchanged three-rate-cut dot plot from last week and absorbed various data points indicating stable consumer confidence and a cautious uptick in manufacturing.

Throughout the rest of the holiday-shortened week, home sales data, UMich’s consumer sentiment, mortgage demand, jobless claims, and a last look at fourth-quarter GDP are taking a backseat to the highly anticipated Personal Consumption Expenditures (PCE) report from the Commerce Department, scheduled to be released on Friday, a day when the stock market is closed.

-Wall Street’s Main Indexes Reverse Gains To End Slightly Red. What To Expect In The Upcoming Days? | The Distributed

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