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Story summary
- Traders focus on jobless claims and pending home sales ahead of the New Year’s Day holiday as 2026 approaches.
- The Federal Open Market Committee (FOMC) will release its December meeting minutes, outlining the Fed’s economic outlook.
- Analysts predict a challenging year ahead for stocks after a strong December and January.
- Twenty-two states will raise their minimum wage this year, with 19 changes effective on New Year’s Day.
