Russ-Invest Released December 1 Daily Markets Monitor
OREANDA-NEWS. December 1, 2011. The
S&P 500 Index jumped 4.33% while Russell added 5.94% with Basic Materials and Financials as the leaders.
ADP Payrolls rose to 206K vs consensus forecast of 130K in November.
The Fed Chicago PMI rose to 62.6 vs consensus forecast of 58.5. The Fed Beige Book revealed that the economic activity went on expanding in October-November.
Pending home sales rose 10.4% vs consensus of 2.0%
Asian indices were mostly up on Thursday. Shanghai stock indices added on average by 0.63-2.3%. Hang Seng rose by 5.63%. Japanese Nikkei was up by 1.93%. Korean Kospi added 3.72%. S&P/ASX 200 was up by 2.64%
The bonds auctions will be in focus in the Eurozone today.
Initial jobless claims, Construction Spending, ISM Manufacturing Index are to be released in the
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