Tuesday brings a raft of data, including the third estimate of third quarter GDP at 8:30 am ET which is expected to be revised up to annualized growth around 4.5 percent quarter on quarter, due to firmer-than-estimated outlays for consumer services and a likely upward revision to business-related construction.

Latest US durable goods orders data are also due at 08:30 am ET and are expected to register a solid monthly increase after two weak previous months. Consumer sentiment for December is at 9:55 am ET, personal income and spending data for November at 10 am ET as well as the latest FHFA home price index at 09:00 am ET and new home sales data at 10:00 am ET round off today’s releases.

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