From the Desk - Economic Commentary
Brandon Casey, Member Strategies - 12/1/2025
U.S. stocks are lower to begin the month of December as volatility from November continued. Domestic stocks are coming off a strong week with both the DJIA and S&P 500 up over 3% and the Nasdaq up almost 5%. For the month of November, the DJIA and S&P 500 were mostly flat, while the Nasdaq fell 1.5%, snapping a seven-month win streak.
Looking at economic data today, the ISM Manufacturing Index slipped to a reading of 48.2% in November, just below expectations of remaining relatively unchanged at 48.8%. It was the nineth straight month the sector contracted. New orders and employment contracted, production expanded, and prices increased.
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