US

       

S&P500 +0.16% (3,145.91);   NASDAQ -0.10% (8,656.53);   DJIA -0.13% (28,015.06)

This week’s reports:

  •  November’s Markit Manufacturing PMI rose to 52.6 from October’s 52.2. Services PMI was unchanged from October’s 51.6. Composite PMI rose to 52.0 from October’s 51.9.
  •  November’s ISM Manufacturing PMI fell to 48.1 from October’s 48.3. ISM Non-Manufacturing PMI fell to 53.9 from October’s 54.7.
  •  October’s Factory Orders rose 0.3% from September’s -0.8%.
  •  October’s Wholesale Inventories rose 0.1% from September’s +0.2%.      
  •  December’s Michigan Consumer Sentiment Index (prelim.) rose to 99.2 from November’s 96.8.
  •  October’s Consumer Credit surged $18.91 billion from September’s +$9.58 billion, as both revolving and non-revolving debt rose strongly.
  •  November’s Unemployment Rate fell to 3.5% from October’s 3.6% as Non-Farm Payrolls rose by 266K from October’s +156K. Labor Force Participation fell to 63.2% from October’s 63.3%.
  •  November’s Average Hourly Earnings rose 0.2% from October’s +0.4%. Average Weekly Hours remained unchanged from October’s 33.4.
  •  Initial Jobless Claims for the week ending November 29th fell by 10K to 203K. Continuing Jobless Claims for the week ending November 22nd rose by 51K to 1.693