Financial Market Preview - Wednesday 11-Dec
Description
S&P futures are indicating a slightly higher open, up +0.09% ahead of today’s U.S. CPI report. Markets are anticipating data that could reinforce expectations of a December rate cut from the Federal Reserve, though lingering inflationary concerns weigh on sentiment. Asian markets ended mixed on Wednesday, and European markets are broadly lower in early trades. In Asia, South Korea’s political drama deepened, with an impeachment vote against President Yoon scheduled for Saturday, arrests of prominent police officers, and reports of the former defense minister attempting suicide. In Europe, German Chancellor Olaf Scholz is set to request a vote of confidence in parliament today.
Companies Mentioned: Blackstone, Lionsgate Studios, FIGS, Google, Microsoft, Coca-Cola, SpaceX
United States
