Still, the quick turnaround from Tuesday morning’s steep losses could indicate that there’s plenty of resilience in the stock market, trade war or no trade war. Though today’s early news on the tariff front was positive, stocks exposed to the trade war continue to see fallout from the situation. Next week is Fed week, but before that comes this week’s gathering of OPEC. We’re seeing that in this week’s manufacturing and services sector data, so we’ll keep an eye on factory orders for what could be further evidence. Reining In Payroll Hopes: In the wake of disappointing manufacturing and services sector data this week, some analysts are starting to pull back on their projections for November jobs growth.

Source: Forbes December 05, 2019 14:26 UTC