Up from last month 45.3
- New orders 50.25 vs 39.6 last month
- Production 50.25 vs 47.14
- Employment 51.76 vs 48.16
- Supplier deliveries 43.96 vs 48.92
- Inventories 46.43 vs 42.86
- Prices 25.00 vs 21.43
- Backlog of orders 32.14 vs 39.29
- Exports 45.00 vs 50.00
- Imports 50 vs 50.00
A reading below 50 still represents more businesses who said business is deteriorating
The Chicago PMI will be released at 9:45 AM ET with estimates at 50.0 vs 48.7 in November.
For your guide the NYSE and other exchanges remain open until 4 PM. The US bond market recommends a 2 PM ET closing. Of course stock and bond markets will be closed tomorrow on January 1.
Speaking of US bonds:
2 year is at 1.06% down 2 bp
5 year is 1.77% down 2 bp
10 year is 2.27% down 2 bp
30 year is 3.02% down 1 bp
In Europe:
German 10 year 0.63% unchanged
France 10 year 0.99% unchanged
Italy 10 year, 1.59% -4 bp
Spain 10 year, 1.77% -4 bp
UK 10 year, 1.96%, -3 bp
The big question for the day might be does the S&P end the year up or down on the year.
As of now:
S&P +0.22% for the year
Nasdaq is up 6.96%
Dow is down -1.23%