Daily Market Commentary

December 3, 2021

Bonds & Stocks
A disappointing November payrolls report lifted equities futures in premarket trading, a reversal of a months-long trend in which investors traded on economic fundamentals rather than prospects for economic stimulus from the Federal Reserve.

Stock futures climbed as a weaker-than-forecast growth in U.S. payrolls bolstered speculation the Federal Reserve won't rush to accelerate tapering of bond purchases.

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