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Today, the U.S. will release many economic reports.
Initial Jobless Claims are expected to decline to 730,000 while Continuing Jobless Claims are projected to decline to 6 million.
Meanwhile, Durable Goods Orders are expected to increase by 0.9% in October after growing by 1.9% in September.
Personal Income is projected to remain unchanged, while Personal Spending is expected to grow by 0.4%.
New Home Sales are expected to increase by 1.5% month-over-month in October after declining by 3.5% in September.
Most likely, traders will focus on the U.S. employment reports
which will indicate whether the second wave of the virus put additional pressure on jobs.

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