On Wednesday before Thanksgiving, weekly U.S. jobless claims, durable goods orders for October and another estimate of third quarter U.S. GDP are all due out at 7:30 a.m. CST. At 9 a.m., there are reports of October new home sales, U.S. personal income and the University of Michigan's consumer sentiment index. The Energy Department's weekly inventory report is due out at 9:30 a.m., followed by the natural gas storage report at 11 a.m. Minutes from the most recent FOMC meeting are set for 1 p.m. CST. U.S. grain and livestock futures have normal closes Wednesday and do not trade again until Friday morning at 8:30 a.m. CST.
Weather
A strong front is pushing across the Plains and Midwest on Wednesday. Showers are limited Wednesday morning but should develop across the far southeastern Plains and southwestern Midwest by tonight. Some breezy winds will occur both ahead and behind the front across the Plains and Midwest as well. Cold weather continues to push through the Southeast with the first frosts and freezes of the season all the way south to the Florida Panhandle.