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.

Economy
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.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.

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