Chip Makers and Energy Producers Lead Stock Indexes Higher

The market’s focus this week will be on US economic news. On Tuesday, the Dec S&P manufacturing PMI is expected to be unrevised at 52.9. On Wednesday, the Dec ADP employment change is expected to increase by +48,000. Also, the Dec ISM services index is expected to slip -0.3 to 52.3. In addition, the Nov JOLTS job openings are expected to climb by +9,000 to 7.679 million. Finally, on Wednesday, Oct factory orders are expected to decline by -1.1% m/m. On Thursday, Q3 nonfarm productivity is expected to climb ...