Latest Market Updates
Traders are continuing to evaluate last week’s mix of economic data – particularly Friday’s better-than-expected November jobs report – as markets weigh whether Federal Reserve policymakers will vote to begin tapering monetary stimulus measures at this month’s meeting of the U.S. central bank.
Data released Friday showed that the U.S. economy added 203,000 jobs in November, above expectations for jobs growth of 180,000. The unemployment rate fell to a five-year low of 7.0% from 7.3% in October.
The Fed's next policy meeting is set for Dec. 17-18.
Traders are looking ahead to comments from two key Fed officials scheduled for later in the session. St. Louis Fed President James Bullard will speak on monetary policy in St. Louis at 6:05 p.m. Eastern, while Dallas Fed President Richard Fisher will speak on the economic outlook in Chicago at 7:15 p.m.
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Market Updates Archive
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