Stock futures are little changed after Dow and S&P 500 notch best months of the year: Live updates
Published On Dec 1, 2024, 6:06 PM
The stock market is showing little change as investors gear up for December's trading. November was a strong month for the markets with the Dow Jones Industrial Average and S&P 500 both registering their best monthly performances of the year after a rally post-election. Key economic data on manufacturing and construction spending is expected this week, along with insights from Federal Reserve officials that could impact market directions going forward.
Stock Forecasts
SPY
Positive
Given the strong performance in November and the potential for positive economic data, the market outlook appears favorable. However, market movements are likely to remain cautious as investors absorb upcoming economic indicators and Fed comments.
IWM
Positive
Given the recent rally and potential continuation of positive sentiment in small-cap stocks due to anticipated tax cuts, the Russell 2000 sector may see continued interest.
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