BY THE NUMBERS
IN THE NEWS TODAY
Bond yields moved higher Wednesday after falling Tuesday on fears the pandemic would stifle economic growth. ADP’s private payroll data showed U.S. companies added a better-than-expected 534,000 jobs in November. During Covid, ADP has not been the best indicator of the government’s monthly jobs report, which is out Friday. However, both ADP’s and the government’s jobs tallies in October came in strong and beat expectations. (CNBC)
U.S. oil prices rebounded more than 4.5% on Wednesday, one day after falling over 5% on worries the omicron variant would curb demand. The American benchmark, West Texas Intermediate crude, dropped nearly 21% in November. OPEC and its international allies meet Thursday. Some analysts expect OPEC+ to pause plans to add 400,000 barrels per day of supply in January. (Reuters)
* Exxon forecasts doubling earnings and cash flow by 2027 while reducing emissions (CNBC)
Alongside bad weather, global supply constraints have had a…
__________________________________________________
You can Read this Complete Story at:
Source Link
__________________________________________________
Tags:
Dow Today, Dow Jones Today
__________________________________________________
Related Links:
Stock Market
Latest News on C N N.
__________________________________________________
2021-12-01 08:00:00
