US EQUITY OPEN: US indices continue on the front-foot, albeit pare some initial opening strength
US indices started strong but have given back some of their early gains, indicating some volatility in the session.
US Personal Spending MoM (Nov) M/M 0.5% vs. Exp. 0.5%
US Core PCE Price Index YoY (Nov) Y/Y 2.8% vs. Exp. 2.8% (Prev. 2.7%)
US EQUITY OPEN: US indices continue on the front-foot, albeit pare some initial opening strength
UK's Greater Manchester Mayor Andy Burnham says do not rush to conclusions about his plans
[MARKET UPDATE] US equity futures sell off with pressure most notable in the NQ, though it remains in the green overall; NQ +0.4% vs +1.0% just before the cash equity open
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This could suggest profit-taking or market recalibration following recent moves. Keep an eye on sector performance and any geopolitical or economic developments that might influence sentiment further.
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