Here’s what we are watching as markets kick into gear Wednesday.U.S. stock futures edged higher, with major indexes set to erase tepid losses from a day earlier and extend their recent rally. The stock indexes ended Tuesday with small declines after Senate Majority Leader Mitch McConnell blocked an effort to hold a vote on sending bigger stimulus checks to many Americans. Read our full market wrap here.
What’s Coming Up
The National Association of Realtors will release pending home sales data for November at 10 a.m. ET. While the housing market was a strong spot for the economy in the spring and summer, pending home sales dropped in October and are expected to fall again in November, by 0.3% from the prior month, amid rising home prices and low inventory.
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