Market Insider

Consumers perked up in November, now will business?

Shoppers at Somerset Collection shopping mall in Troy, Mich.
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With the consumer helping to punch up economic growth, durable goods Tuesday could give some guidance on business spending.

Stocks drifted higher Monday, setting new records on the S&P 500 and the Dow. The Dow rose 73 to 16,294, while the S&P 500 was up 9 at 1,827. Nasdaq rose 44 to 4,148, boosted by gains in Apple and Facebook.

Tuesday is a shortened trading day for Christmas Eve, with stocks closing at 1 p.m. ET and bond trading at 2 p.m. Durable goods, expected to rise 2 percent, are due at 8:30 a.m. ET, while new home sales are expected at 10 a.m.

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