NEW YORK (AP) — Though investors’ thoughts might drift to turkey and football in the coming week, such diversions are unlikely to crowd out questions about the sustainability of the recent run-up in stocks — and whether Wall Street is likely to enjoy its usual year-end rally.Not surprisingly, the week is expected to be light for both economic and earnings data. However, some investors will be looking for signs of how well consumer spending might hold up as the holiday season has its official start.

Last week, the Dow rose 1.93 percent, while the S&P gained 1.47 percent and the Nasdaq added 2.35 percent, as concerns about inflation eased.

The coming week brings so-called Black Friday, the day following Thanksgiving when discount-seeking shoppers pour into stores at what seems like an earlier hour each year. Investors and retailers closely examine cash register receipts from the day in hopes of determining the strength of consumer spending, which accounts for two-thirds of economic growth.

Some investors have maintained concerns about whether a slowing housing market and an attendant drop in home values will cause consumers to spend less this year. On Friday, the Commerce Department reported that housing construction fell to its lowest level in more than six years.

Some of the notable earnings reports in the coming week are from retailers, including Lowe’s Cos. and Nordstrom Inc.

On Monday, the Conference Board expects to release its index of leading indicators, an economic forecasting gauge. The index, however, comprises previously reported economic figures so it generally doesn’t have significant pull on the market.

Wednesday brings the weekly data from the Labor Department on initial jobless claims. Last week, claims fell to their lowest level in a month. More broadly, in October, the nation’s unemployment level fell to its lowest level in five years. A tight labour market has some market watchers concerned about a rise in wages that could squeeze profits and force companies to push through inflationary price increases.

The Federal Reserve remains concerned about inflation and isn’t likely to consider lowering short-term interest rates until it determines the threat of inflation has been extinguished. The central bank has left rates unchanged at its last three meetings, following a string of 17 straight increases over two years.

Weekly crude inventories figures are due from the Energy Department on Wednesday. Oil settled at its lowest level in 17 months Friday amid concerns that production cuts wouldn’t make up for lower demand.

Wednesday also brings a revision to the University of Michigan’s November consumer sentiment survey.

Today is the biggest day in earnings reports. Campbell Soup Co. is expected to report a fiscal first-quarter profit of 61 cents per share. The stock, which has traded between $28.88 and $38.49 in the past 52 weeks closed Friday at $37.55.

High-end department store chain Nordstrom Inc. plans to release third-quarter results Monday and is seen on Wall Street as reporting a profit of 51 cents per share. Department store chains have seen a bit of a rebound in sales and higher-price retailers have generally fared better than some of the lower-price units. Nordstrom’s stock closed Friday at $48.08, having traded between $31.77 and $49.52 over the last 52 weeks.