The day ahead: Wednesday

November 24, 2009

October orders for durable goods are expected to show a modest rise of 0.5 percent. If the forecast is correct, it would be the third rise in four months and show that demand was picking up for big-ticket items.

Other Highlights:

*  It’s a big day for economic data with personal spending and income, consumer sentiment, new home sales and the weekly jobless claims on tap.

*  Tiffany reports results that will show whether it has been able to sustain the improvement in sales it reported in August.

*  Deere & Co reports fiscal fourth-quarter earnings and will provide investors with a preliminary glimpse into the coming year.

*  At the Reuters India Investment Summit in Bangalore and Mumbai, speakers include top executives from Infosys Technologies, Wipro, SAP India, Mphasis and Mahindra Satyam.

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