The Market Brief
Hey team. Despite the light-volume week, a slew of economic reports is likely to cause a spike in market volatility heading into tomorrow.
Let’s review Monday’s session and see what’s next!
Impact Snapshot
🟥 Consumer Confidence - 10:00am
🟥 FOMC Meeting Minutes - 2:00pm
Macro Viewpoint
U.S. stock index futures remained steady on Tuesday as investors took a breather after several consecutive sessions of gains, assessing the potential economic impact of new tariffs imposed by Donald Trump on key trading partners.
The introduction of these tariffs could escalate global trade tensions and pose risks to long-term economic growth.
On Monday, the benchmark S&P 500 reached a record high, marking its sixth straight session of gains.
With the U.S. markets closed on Thursday for the Thanksgiving holiday and an early closure on Friday, trading volume is expected to stay light this week.
Ahead of the break, investors are focusing on October’s personal consumption expenditure (PCE) price index for further economic insights.
