| Prior Close | ||
|---|---|---|
| Asset | Level | Days Change |
| S&P 500 | 6,834.90 | +0.88% |
| Nasdaq | 23,307.62 | +1.31% |
| Spot VIX | 15.01 | +0.67% |
| 2 Year Bond Yield | 3.50 | +1 bps |
| 10 Year Bond Yield | 4.17 | +3 bps |
| EUR/USD | 1.1710 | -0.10% |
| USD/JPY | 157.69 | +1.34% |
| GBP/USD | 1.337 | -0.03% |
| WTI Oil | 56.15 | +0.38% |
| Gold | 4,410.10 | +1.55% |
| Bitcoin | 88,158.80 | +0.07% |
| Data | Prior | Cons | Actual |
|---|---|---|---|
| No events available | |||
| Data | Prior | Cons | Time |
|---|---|---|---|
| Chicago Fed National Activity Index | -0.12 | - | 08:30 |
| Ny Fed Bill Purchases 4 To 12 Months | - | - | 09:20 |
| Durable Goods Orders Month-over-Month | 0.50 | -1.50 | 08:30 |
| GDP Growth Quarter-over-Quarter Second Estimate | 3.80 | 3.20 | 08:30 |
| Corporate Profits Quarter-over-Quarter Prel | 0.20 | - | 08:30 |
| Durable Goods Orders Ex Transp Month-over-Month | 0.60 | 0.30 | 08:30 |
| GDP Price Index Quarter-over-Quarter 2nd Est | 2.10 | - | 08:30 |
| Industrial Production Month-over-Month | 0.10 | 0.10 | 09:15 |
| Industrial Production Month-over-Month | - | - | 09:15 |
| Cb Consumer Confidence | 88.70 | - | 10:00 |
Equities ended mixed, with the S&P 500 at 6834.90, Nasdaq at 23307.62, and VIX at 15.01 indicating low volatility. Bond yields ticked up, with the 10-year at 4.17% and 2-year at 3.50%, as inflation data fueled cautious rate cut expectations. FX saw the USD at 1.1710 against EUR and 157.69 against JPY, steady amid geopolitical tensions. Commodities included WTI oil at 56.15, gold at 4410.10, and Bitcoin at 88158.80, with gold hitting records on safe-haven demand.
Today's data includes Q3 GDP at 08:30am, expected at 3.2% vs prior 3.8%, alongside durable goods orders and industrial production for manufacturing insights. NY Fed Bill Purchases at 09:20am and consumer confidence at 10:00am will gauge spending trends. No Fed speeches scheduled, but markets watch for rate cut implications.
US housing sales edged up in November, supporting consumer resilience despite tariff pressures. Global UK GDP slowed to 0.1% in Q3, signaling broader growth challenges.
The Fed remains in an easing cycle, with recent cuts targeting inflation cooling, but data suggests slower pace ahead. Powell's stance emphasizes data dependence, favoring fewer cuts if inflation stalls. Markets price potential pauses, with hawkish data tilting toward neutrality. Upcoming meetings may clarify 2025 trajectory amid fiscal tensions.