What is the advance Q3 GDP estimate and why does it matter?

It is the first official snapshot of third-quarter US growth. It blends consumer spending, business investment, trade, and government activity. Markets care because it sets the tone for earnings and the policy path. A stronger mix can boost equities but may delay rate cuts, while a weaker mix tends to support cuts and defensives.

How do durable goods orders affect stocks?

Durable goods orders track demand for long-lasting products, including transportation and core business equipment. Rising core orders often signal stronger capex and productivity, which supports cyclicals and earnings multiples. A weak print can pressure industrials and transports, while a surprise beat can lift risk appetite in a thin holiday market.

Why is consumer confidence important for markets?

Consumer confidence gauges how households feel about jobs and income. Strong confidence often translates into steadier spending, which drives a large share of US GDP. A drop can warn of slower demand, prompting investors to favor defensives. The December reading offers a timely check on holiday shopping and near-term momentum.

How does a holiday-shortened week change trading?

Volume is lighter, spreads can widen, and price moves may overshoot. Headlines on a packed calendar can cause quick spikes and reversals. Use limit orders, tighten position sizes, and seek confirmation from breadth and volume. Expect jobless claims on Wednesday and an early close on Christmas Eve, which compresses risk into fewer sessions.

Global Market Insights

US Economic Calendar December 23: Q3 GDP, Confidence, Durable Goods

ByHuzaifa Zahoor December 24, 2025December 24, 2025

The US economic calendar on Tuesday, December 23, concentrates key releases into a short, thin week. Traders will watch the advance Q3 GDP estimate, durable goods orders, industrial production, and December consumer confidence. With an early market close on Wednesday, any surprise could sway expectations for Fed cuts and year-end positioning. Liquidity will likely be light, which can magnify moves. We outline what matters, how it may affect the S&P 500, and a simple plan to manage risk into the holiday.