02:05 PM EST, 12/30/2024 (MT Newswires) -- The Chicago Purchasing Managers' Index fell to 36.9 in December from 40.2 in November, below expectations for a 42.7 reading, while Dallas Federal Reserve's monthly manufacturing reading rose to 3.4 in December from minus 2.7 in November, above an expected minus 3.0 reading.

Other manufacturing data already published have been mostly negative. The Institute for Supply Management's national index is scheduled to be released on Friday.

The National Association of Realtors' pending home sales index rose by 2.2% in November, above expectations for a 0.8% gain, to the highest level since Feb. 2023. NAR attributed the increase to rising inventories and more realistic expectations for mortgage rates. Pending sales were up 6.9% from a year earlier.

The NAR's existing-home sales data for December are scheduled for release on Jan. 24.