Daily Stock Market Update

Daily Stock Market Update

Share this post

Daily Stock Market Update
Daily Stock Market Update
Stock Market Update Friday December 6, 2024

Stock Market Update Friday December 6, 2024

Tom's avatar
Tom
Dec 06, 2024
∙ Paid
13

Share this post

Daily Stock Market Update
Daily Stock Market Update
Stock Market Update Friday December 6, 2024
5
Share

Stock Market Update Friday December 6, 2024 S&P 500 and Nasdaq set new records after a jobs report slightly exceeded expectations, with the S&P 500 rising nearly 1% for the week.

Away From Stocks: A five-basis point drop in two-year yields to 4.1% headlined a low-wattage session, WTI crude slipped to $67 a barrel, gold traded flat at $2,631 per ounce, bitcoin flipped back above $101,000 and the VIX retreated below 13.

Market Outlook and Key Macro Events:

The upcoming week brings a pivotal series of macroeconomic events that could significantly influence market sentiment and trajectory.

  • 12/11 November CPI Report: Inflation data could surprise to the upside, with a potentially "hotter" print than consensus forecasts. A stronger-than-expected CPI could intensify rate-related anxieties and reshape near-term market expectations.

  • 12/18 December FOMC Meeting: As policymakers convene for their final meeting of the year, markets will closely parse the Fed’s tone and guidance for 2024. Any deviations from anticipated dovishness could add volatility to the markets.

⚡️Get Started https://www.algotradealert.com/get-started

Free Trial 🔐Premium Membership➕📉Stock Market Update Daily News Letter

👇 Premium Content 👇

Daily Stock Market Update is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Keep reading with a 7-day free trial

Subscribe to Daily Stock Market Update to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 AlgoTradeAlert.com
Publisher Terms
Substack
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share