Stock Market Update
06-Feb-25 15:30 ET
Major indices sit near unchanged mark ahead of the close
Dow -188.65
at 44683.55,
Nasdaq +24.98
at 19799.21,
S&P +7.15
at 6068.63
[BRIEFING.COM] The S&P 500 and Nasdaq Composite are just above prior closing levels heading into the close.
The 10-yr settled two basis points higher at 4.44% and the 2-yr yield settled three basis points higher at 4.21%.
Looking ahead to Friday, market participants receive the following economic data:
- 8:30 ET: January Nonfarm Payrolls (Briefing.com consensus 155,000; prior 256,000), Nonfarm Private Payrolls (Briefing.com consensus 163,000; prior 223,000), Average Hourly Earnings (Briefing.com consensus 0.3%; prior 0.3%), Unemployment Rate (Briefing.com consensus 4.1%; prior 4.1%), and Average Workweek (Briefing.com consensus 34.3; prior 34.3)
- 10:00 ET: Preliminary February University of Michigan Consumer Sentiment (Briefing.com consensus 71.3; prior 71.1) and December Wholesale Inventories (Briefing.com consensus -0.5%; prior -0.2%)
- 15:00 ET: December Consumer Credit (Briefing.com consensus $13.4 bln; prior -$7.5 bln)