Market Overview - US stock futures are struggling to recover from a losing session as investors await the delayed November jobs report, which is crucial for interest rate decisions in the upcoming year [1][3] - Dow Jones Industrial Average futures are slightly below the flatline, S&P 500 futures have decreased by 0.1%, and Nasdaq futures have fallen by 0.2% [1] Employment Data - The November nonfarm payrolls report is expected to show a modest increase of 40,000 jobs, with the unemployment rate projected at 4.4% [4] - This report is significant as it will influence the Federal Reserve's policy decisions regarding potential rate cuts next year [4][5] Corporate Developments - Ford is set to take a $19.5 billion charge as it shifts focus away from electric vehicles, which has positively impacted its shares in premarket trading [5][16] - Roku shares increased by 4% following an upgrade from Morgan Stanley, while Gitlab shares fell by 3% after a downgrade by KeyBanc [6] - Zillow's stock dropped by 2% in premarket trading after a significant decline of 8% on Monday, attributed to Google's announcement of testing real estate listings in search results [6][7] Nasdaq Trading Hours - Nasdaq is seeking SEC approval to extend trading hours to 23 hours during weekdays, which would allow for an additional trading session from 9 p.m. to 4 a.m. ET [8][9] - This move is seen as a response to growing interest in trading US stocks outside traditional market hours, potentially increasing liquidity and allowing for real-time reactions to market developments [10][12] Cryptocurrency Market - Bitcoin has dropped below $86,000, indicating weakening investor sentiment and a shift deeper into bear market territory [13] - The cryptocurrency has been trading within a range of $85,000 to $94,000, with low volumes and a lack of interest noted across crypto markets [14][15]

Speaking of new jobs, Kevin Hasset versus Kevin Worsh. Do you have an opinion. >> I either I do not make personnel decisions.You know, I think I think I think Kevin is I think Kevin is a fantastic name. Uh, [laughter] you know, it's it's a great >> I'll ask another way. So, so Kevin Hassets, you know, there's been some he's been dogged lately by by being too close to Trump. There's some, you know, there reports that there's been some concern uh voiced to the president around the fact that I don't know, mayb ...

Getting some breaking news out of the Fed this morning. We'll turn to Steve Leeman with that who's also got a piece on the wires. Now, Steve, that's [music] uh pretty interesting.We'll get you the Williams headlines first, though. >> Yeah. John Williams, New York, Fed President, saying monetary policy is well positioned as we head into 2026.That is language the Fed chair used at the meeting recently that people took to say the Fed was on hold, but not entirely clear. This is where Williams is headed. He say ...

Joining us now, Rashir Charmer, Rockefeller International chairman, and he's the founder of Breakout Capital. All right, Rashier, you want to go through them one through four quickly if you have time. Tell me whether we're in fact in a bubble.>> Yeah, David, as you know, there's a bit of a bubble and bubble talk these days, uh, which is that everyone's talking about a bubble, but there is no standard definition of a bubble. So what I've tried to do in my FT oped this morning uh is to lay out the a framework ...

Economic Outlook - The US is experiencing record highs of debt and a shrinking job market with surging unemployment [1] - A fiscal situation similar to the post-2008 recession is anticipated [1] - Lower interest rates will likely send risk-on assets higher [2] Monetary Policy - The idea of getting rates to 1% is a concern due to potential inflation [1] - Rates near or sub 2% next year could be on the table, pending the Fed chair [1] - Companies are able to borrow capital at a low cost with low rates [2] Investment Strategy - Higher rates for longer are expected sooner rather than later [2]

And for more on that, I want to welcome into the program Joe Leavia, counselor to Treasury Secretary Bessett. Joe, thanks so much for joining me. Always great to see you.>> Thank you. Thank you. >> The Fed yesterday increased their outlook for the economy next year.They now see GDP growth of 2.3%. Fed Chair Powell said that he thinks that any price increases from tariffs could peak in the first quarter. where they see inflation falling to 2.5% next year, but the unemployment rate is expected to hold at 4.4% ...

RT Santiment (@santimentfeed)🇺🇸 The US Fed made three strategic cuts over the past 3 months, resulting in a total of an 0.75% reduction to interest rates.1⃣ September 17, 2025: Fed lowered the target range to 4.00 %–4.25 % (from 4.25 %+) at the 16–17 Sep meeting.2⃣ October 29, 2025: Fed cut the rate to 3.75 %–4.00 % at the 28–29 Oct meeting.3⃣ December 10, 2025: Fed reduced the rate further to 3.50 %–3.75 % at the 9–10 Dec meeting.📊 Even though these cuts are objectively seen as bullish long-term for crypto ...

Stocks may move to the downside in early trading on Thursday, giving back ground after moving mostly higher over the course previous session. The major index futures are currently pointing to a lower open for the , with the S&P 500 futures down by 0.4 percent.A steep drop by shares of Oracle (ORCL) is likely to weigh on Wall Street, as the software giant is plunging by 13.1 percent in pre-market trading.The slump by Oracle comes after the company reported fiscal second quarter earnings that exceeded analys ...

Welcome back to Squad Clocks. Rick Santella here live at CME HQ with the breaking news on this Thursday morning. Post 25 base point rate cut by the Fed, third consecutive one.Initial jobless claims for the week of December 6th. Well, we're expecting a number around 220,000. Uh it has been extremely well behaved.I still don't see it on the wires. We'll go to the trade balance next. Trade balance minus 52.8% 8 billion.That's a better lower trade deficit than we expected. We were looking for a number closer to ...

Core Viewpoint - President Trump emphasizes a strong economy and criticizes the Democratic affordability narrative as a "hoax," attributing high inflation and prices to their policies [1][4][11]. Economic Performance - The U.S. economy is described as having the lowest rates globally, with President Trump asserting that without the U.S. economy, there is no global economy [3]. - Inflation is reported to be approximately 3% year-over-year, indicating that prices are not decreasing but rather increasing [6]. Affordability and Wages - Real wage growth has been positive every month during President Trump's terms, contrasting with negative growth during President Biden's administration [8]. - The real measure of affordability is suggested to be real wage growth compared to expenses, rather than the inflation rate itself [7][9]. Policy Recommendations - There is a call for lower interest rates to enhance housing affordability and enable businesses to hire more people, which would further improve economic conditions [10]. Political Context - Treasury Secretary Scott Bessent criticizes blue states for obstructing tax relief measures, claiming this exacerbates financial burdens on low and middle-income households [5]. - The messaging from the Trump administration is seen as needing refinement to better communicate economic improvements and affordability [6][9].