Anti-Clickbait News Summaries for December 16, 2024
China plans to build largest human-made object in space by 2030
Hi, itβs Jack and the Daily Moat team with your daily news summaries π
Happening Today:
Confirmed Economic Releases
8:30 AM: Empire State Manufacturing Survey (December)
Previous: 31.2
Expected: 10.0 1
9:45 AM: S&P Flash U.S. Services PMI (December)
Previous: 56.1
Expected: 55.3 1
Market Structure Changes
Index Changes: Palantir and MicroStrategy to be added to the Nasdaq 100 2
Market Opening Context
U.S. Stock Futures pointing higher for market open
Bitcoin pulling back after setting a fresh record high 2
Trading Context
Coming off a mixed previous week:
S&P 500 declined 0.64%
Dow Jones fell 1.82% 3
First trading day of a crucial Fed week
Asian markets showing weakness in early trading, with MSCI's Asian equity gaugeΒ falling for a second day 4
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