November 27, 2017
With impressive back-to-back monthly gains, new home sales are pivoting sharply higher and look to give the fourth-quarter economy an important lift. Manufacturing has also been pivoting higher though November may be seeing a pause as the Dallas Fed's index eased as have other regional reports this month. Trading was narrow with the Dow up 0.1 percent and just short of a record at 23,580. Oil, which rose sharply last week, fell back $1 and is testing support at $58 ahead of this week's OPEC meeting.