Canadian and U.S. stock markets close at 13:00 ET on Monday, December 24, while U.S. bond markets close at 14:00 ET.

On Tuesday, Canadian and U.S. financial markets are closed for the Christmas holiday.

Canadian financial markets are also closed on Wednesday.

On Thursday, the U.S. Labor Department reports on initial jobless claims for the week ending December 22. Economists expect 340,000 new claims.

Meanwhile, the U.S. Commerce Department reports on durable goods orders for November.

Also, the U.S. Conference Board reports on the consumer confidence index for December. Economists expect a reading of 86.5.

On Friday, the U.S. Commerce Department reports on new-home sales in November. Economists expect annualized sales of 720,000.