Quick info at the end of the first full week of December.
Stocks closed the first full week of December trading with a win today as investors viewed the monthly US jobs report positively and accepted the case that the Fed will start cutting interest rates next year. The US unemployment rate fell to 3.7% in November. Meanwhile, the economy created 199,000 jobs, up from the previous month's data, as striking auto workers and Hollywood actors returned to the workforce.
This report shows an optimistic outlook for investors that rate hikes have already peaked and a "soft landing" for the US economy is in the cards.
Next week we have the last Fed meeting of the year 😊 So where do you think the $^GSPC+0.0% $^NDX-0.3% indices will go? 😊
I'm curious about it :)
Me too, we'll see where these last few days of the year go. 😊
I'm hoping either up or down so I can buy, but it's more likely to go along the same lines as before