So it’s notable that the sentiment was positive on Tuesday, with all of the S&P 500’s 11 sectors ending in the green. Oil’s SlideEven the energy sector, which was the worst performer of the day, managed a gain despite pressure on oil prices. The Trump administration’s waivers exempting some buyers of Iranian oil from sanctions seem to have eased tensions that had previously lifted oil prices. Strength in Consumer Credit: Outstanding consumer credit has been on the rise and, based on a Briefing.com consensus, expectations are for the latest reading to show another gain. Investors may want to consider watching the futures market after the producer price report comes out Friday morning to see if expectations for a December rate hike increase or decrease.

Source: Forbes November 07, 2018 15:00 UTC