EQUITY MARKETS

US

S&P500 +0.81%(2,181.9); NASDAQ +1.61% (5,321.513); DJIA +0.11% (18,867.93)

This week’s reports:

Q3 2016 GDP Growth Annualized (prelim.) rose by 3.2% from Q2’s +2.9%.
November’s Unemployment Rate fell to 4.6% from October’s +4.9%. Labor Force Participation Rate fell to 62.7% from October’s 62.8%. Nonfarm Payrolls rose to 178K from October’s downwardly revised 142K.
November’s Average Weekly Hours remained unchanged at +34.4. Average Hourly Earnings fell by 0.1% m/m from October’s +0.4% m/m.
November’s Markit Manufacturing PMI rose to 54.1 from October’s 53.9. Markit PMI Composite (prelim.) remained unchanged from October’s 54.9.
November’s ISM Manufacturing PMI rose to 53.2 from October’s 51.9. ISM Prices Paid remained unchanged at +54.4.
October’s Personal Spending rose by 0.3% from September’s upwardly revised +0.7%. Personal Income rose by 0.6% from September’s upwardly revised +0.4%.
November’s Consumer Confidence rose to 107.1 from October’s 100.8.
September’s S&P/Case-Shiller Home Price Indices rose 5.1% y/y, the same as in August.
Initial Jobless Claims for the week ending November 25^th rose by 17K to 268K. Continuing Jobless Claims for the week ending November 18^th rose by 38K to 2,081K.
US stocks were little changed near a two-week low after November jobs data delivered a mixed picture on the strength of the labor market as investors assess the Federal Reserve’s plans to raise interest rates.