Financial Markets Update

As traders approach another pivotal day for financial markets, key decisions and economic data releases are expected on Monday, December 16, 2024. The spotlight will be on the Manufacturing and Services Purchasing Managers' Index (PMI) reports, which provide valuable insights into key sectors of the U.S. economy.

Major Economic Events to Watch

• 9:45 AM ET – Manufacturing PMI: A key indicator of manufacturing sector activity, previous reading 49.7
• 9:45 AM ET – Services PMI: Measures activity in the services sector, previous reading 56.1

Other Important Economic Events to Watch

• 8:30 AM ET – NY Empire State Manufacturing Index: Gauges business conditions in New York state, previous reading 31.20
• 9:45 AM ET – S&P Global Composite PMI: Provides an overall view of economic activity, previous reading 54.9

Additional Economic Events to Watch

• 11:30 AM ET – 3-Month Bill Auction: Previous yield 4.300%
• 11:30 AM ET – 6-Month Bill Auction: Previous yield 4.200%

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

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