From the Desk - Economic Commentary
Brandon Casey, Member Strategies - 12/4/2025
U.S. stocks are little changed Thursday morning as investors await the release of the latest inflation data tomorrow. The data is expected to have little impact on the FOMC rate decision next week, as traders have settled in at a roughly 87% chance of a rate cut. Domestic stocks were higher on Wednesday as all three major averages approach their record high levels.
Looking at economic data today, initial jobless claims fell 27,000 to 191,000 the lowest level in over three years. Initial claims were expected to be little changed at 219,000. Continuing claims were down 4,000 to 1.939 million.
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