Stock Market Update
12-Dec-23 15:35 ET
Wednesday's economic calendar
Dow +168.84
at 36573.77,
Nasdaq +85.65
at 14518.13,
S&P +18.45
at 4640.89
[BRIEFING.COM] The major indices continue to climb.
The 2-yr note yield rose one basis points to 4.74% and the 10-yr note yield fell four basis points to 4.20%. The US Dollar Index fell 0.2% to 103.84.
Wednesday's calendar features:
- 07:00 ET: MBA Mortgage Applications Index (Prior 2.8%)
- 08:30 ET: November PPI (Briefing.com consensus 0.1%; prior -0.5%) and Core PPI (Briefing.com consensus 0.2%; prior 0.0%)
- 14:00 ET: FOMC policy directive and Summary of Economic Projections
- 14:30 ET: Fed Chair Powell's press conference to discuss FOMC decision
