From the Desk - Economic Commentary
Brandon Casey, Member Strategies - 12/9/2025
U.S. stocks are mixed Tuesday morning as investors continue to await the FOMC rate decision tomorrow. Both the DJIA and S&P 500 are higher in early trading, while the Nasdaq is slightly lower. All three major averages were lower on Monday. Markets have settled in at an 89% chance that the Fed will cut interest rates tomorrow.
Looking at economic data today, JOLTS job openings were relatively unchanged at 7.7 million in the delayed October report. The previous report was revised higher to 7.7 million as well, up from the previous estimate of 7.2 million. The rate of hires and separations were both unchanged at 3.2%.
Elsewhere, the NFIB Small Business Optimism Index increased 0.8 points in November to a reading of 99.0, above expectations of remaining unchanged at 98.2. Six of the ten components were higher. The Uncertainty Index was up three points to a reading of 91.
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