Markets look to open flat, holding onto huge gains in Dow, Nasdaq for the month.
November 30, 2004: 6:38 AM EST
NEW YORK (CNN/Money) - A slew of economic reports are expected to dominate the docket Tuesday morning with investors set to receive updates on gross domestic product growth, the health of the consumer and a gauge of the nation's manufacturing sector.
Early Tuesday, Nasdaq and S&P futures were little changed as Wall Street gets ready to turn the page on what has been a big-time rallying month.
The revised read on third-quarter gross domestic product growth is due early Tuesday. GDP is expected to have grown at a 3.7 percent annual rate, according to economists surveyed by Briefing.com. That would be unchanged from the initial reading reported last month.
After the start of trade Tuesday, the Conference Board releases its report on consumer confidence in November. Confidence is seen rising to 96.8 from 92.8 in October.
Also on tap in the morning is the Chicago Purchasing Managers Index, a measure of manufacturing in the Midwest region. The index is expected to have dropped to 61.0 in November from 68.5 in October.
The Dow Jones industrial average fell 0.4 percent on Monday on weakness in the dollar and concern about Wal-Mart's disappointing holiday sales. The Nasdaq composite index gained 0.2 percent on strength in the technology sector.
Going into November's final day, the Dow is up more than 448 points while the Nasdaq is up almost 132 points.
Asian-Pacific stocks ended mostly higher, but Tokyo's Nikkei index fell 0.7 percent on a report showing weakness in Japan's economy. European markets were mixed in morning trading. (Check the latest on world markets)
Treasury prices were little changed, with the 10-year note yield at 4.32 percent. The dollar gained against the yen and euro. Gold was lower.
Oil prices were higher. U.S. crude futures rose 3 cents to $49.79 a barrel in electronic trading, while Brent oil futures advanced 27 cents to $46.02 a barrel in London.
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