Economic Update: Key Events on December 3, 2024

As traders approach another pivotal day for financial markets on Tuesday, December 3, 2024, several crucial decisions and economic data releases are expected to sway market dynamics.

Major Economic Events to Watch:

• 10:00 AM ET – JOLTs Job Openings (Nov): Expected 7.490M, Previous 7.443M. This survey by the US Bureau of Labor Statistics measures job vacancies, providing insights into labor market conditions.

Other Important Economic Events to Watch:

• 3:45 PM ET – Fed Goolsbee Speaks: Federal Reserve official Austan Goolsbee will deliver remarks, potentially offering insights into the central bank's economic outlook and policy direction.

• 4:30 PM ET – API Weekly Crude Stock: Previous -5.935M. This report provides an overview of US petroleum demand and inventory levels.

Additional Economic Events:

• 8:55 AM ET – Redbook (YoY): Previous 4.9%. This index tracks year-over-year same-store sales growth in large US general merchandise retailers.

• 10:10 AM ET – IBD/TIPP Economic Optimism (Dec): Expected 54.1, Previous 53.2. This index measures the relative level of economic optimism among US consumers.

• 12:35 PM ET – FOMC Member Kugler Speaks: Federal Reserve Governor Adriana Kugler is set to deliver remarks, which may provide insights into the Fed's monetary policy stance.

For further information and the latest updates, please refer to our Economic Calendar, here.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.