The day ahead: Tuesday


The economy’s health and minutes from the last FOMC meeting will take center stage, with a spate of earnings also on the docket.

When the government announces revised third quarter GDP figures at 8:30 am EST, analysts expect weaker numbers than previously reported as companies slashed inventories. The initial reading came in at 3.5 percent but economists in a Reuters poll now see a softer 2.9 percent.

In the afternoon, investors will get a look at the minutes of the FOMC’s Nov 3-4 policy meeting and will be looking for any sign the Fed is preparing to exit its ultra-easy policy.

On the earnings side of the coin, H.J. Heinz, Barns and Noble and Borders Group, along with American Eagle and Warner Music Group will unveil their latest results.

The day ahead: Thursday


Extending its dominance of Wall Street, Goldman Sachs is expected to report that its profit more than doubled in the third quarter.

*  The market is looking at IBM for signs of improvement in corporate technology spending and comments on the company’s M&A strategy.