News Bulletin
Friday, December 05, 2025
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Friday, December 5, 2025 |
||||
|
10:00 |
Core PCE Price Index (YoY)
(Sep) |
2.80% |
2.90% |
2.90% |
|
10:00 |
Core PCE Price Index (MoM)
(Sep) |
0.20% |
0.20% |
0.20% |
|
10:00 |
Michigan 1-Year Inflation Expectations
(Dec) |
4.10% |
4.50% |
4.50% |
|
10:00 |
Michigan 5-Year Inflation Expectations
(Dec) |
3.20% |
3.40% |
3.40% |
|
10:00 |
Michigan Consumer Expectations (Dec) |
55.00 |
52.00 |
51.00 |
|
10:00 |
Michigan Consumer Sentiment (Dec) |
53.30 |
|
51.00 |
|
10:00 |
PCE price index (MoM)
(Sep) |
0.30% |
0.30% |
0.30% |
|
10:00 |
PCE Price index (YoY)
(Sep) |
2.80% |
2.80% |
2.70% |
|
10:00 |
Personal Spending (MoM)
(Sep) |
0.30% |
0.30% |
0.50% |
|
12:00 |
Atlanta Fed GDPNow
(Q4) |
3.50% |
3.80% |
3.80% |
|
13:00 |
U.S. Baker Hughes Oil Rig Count |
413 |
|
407 |
|
13:00 |
U.S. Baker Hughes Total Rig Count |
549 |
|
544 |
|
15:00 |
Consumer Credit (Oct) |
9.18B |
11.80B |
11.01B |
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
47,954.99 |
46,901.11 |
44,028.95 |
|
NASDAQ |
23,578.13 |
23,029.14 |
20,399.50 |
|
S&P 500 |
6,870.40 |
6,744.08 |
6,195.30 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC:
After Market Close)
|
COMPANY |
EPS Act |
EPS
Fore |
Rev
Act |
Rev
Fore |
Mkt Cap |
Time |
|
Victoria's Secret Co (VSCO) |
-0.27 |
-0.59 |
1.47B |
1.41B |
3.33B |
BMO |
|
Tuniu Corp (TOUR) |
0.06 |
-- |
202.06M |
-- |
88.96M |
BMO |
|
National Beverage (FIZZ) |
-- |
0.5078 |
-- |
304.31M |
3.10B |
|
|
Yext (YEXT) |
-- |
0.1325 |
-- |
113.13M |
1.10B |
|
|
US Gold (USAU) |
-- |
-0.14 |
-- |
0 |
238.90M |
|
|
Children’s Place (PLCE) |
-- |
0.6013 |
-- |
370.31M |
171.36M |
|
|
Hooker Furniture (HOFT) |
-- |
0.17 |
-- |
106.47M |
115.59M |
|
|
Nutriband (NTRB) |
-- |
-2.13 |
-- |
675K |
58.88M |
|
|
Culp (CULP) |
-- |
-0.09 |
-- |
54.32M |
48.53M |
|
|
Brand House Collective (TBHC) |
-- |
-0.13 |
-- |
109.39M |
27.29M |
|
|
Delta Apparel (DLAPQ) |
-- |
-- |
-- |
-- |
705.12 |
|
|
Pinstripes Holdings (PNSTQ) |
-- |
-0.23 |
-- |
30.63M |
412 |
|
Market News:
The S&P 500 closed higher Friday
after a relatively benign inflation report kept open the likelihood that the
Federal Reserve will cut interest rates next week.
At 4:00 p.m. ET (21:00 GMT), the Dow
Jones Industrial Average gained 104 points, or 0.2%, the S&P 500 index
gained 0.2%, and the NASDAQ Composite rose 0.3%.
PCE inflation gauge in spotlight
The Fed’s preferred inflation measure,
the Personal Consumption Expenditures Price Index (PCE), indicated that
inflation remained under control, suggesting that the U.S. central bank can cut
interest rates next week to support the slowing economy.
Excluding food and energy, the
underlying, or "core," PCE price index fell to 2.8% in the 12 months
to September, below the expected 2.9%, and 0.2% month-on-month.
The importance of price stability, the
second element of the Fed’s dual mandate, has faded a little of late, but the
Fed policymakers will be pleased to see the index falling, further emboldening
rate-cut expectations.
Expectations of a 25-basis point
reduction at the Federal Reserve’s December 9–10 meeting have been running hot
on the back of recent weak labor data and broader
signs of economic cooling.
Thursday’s weekly jobless claims plunged
by 27,000 to a seasonally adjusted 191,000, the lowest level since September
2022, but economists cautioned that distortions tied to the Thanksgiving
holiday may have exaggerated the decline.
Elsewhere, a private-sector payroll
report from ADP on Wednesday showed a decline of 32,000 jobs -- the largest
drop in over two and a half years, and a report by Challenger, Gray &
Christmas stated that announced job cuts dropped sharply in November but hiring
intentions remained weak.
Netflix agrees to buy Warner Bros Discovery
In the corporate sector, Netflix
(NASDAQ:NFLX) has agreed to acquire Warner Bros Discovery (NASDAQ:WBD)
in a cash and stock transaction valued at $27.75 per share, with a total
enterprise value of approximately $82.7 billion.
The deal, announced on Friday, follows a
weeks-long bidding war where Netflix outbid Paramount Skydance’s
(NASDAQ:{{8171’s|PSKY}}) nearly $24-a-share offer with
its nearly $28-a-share proposal.
Should the transaction be finalized, it
would transform Netflix into a media powerhouse with control over one of the
most valuable content libraries in the entertainment industry.
Ulta
Beauty (NASDAQ:ULTA) shares
soared after the cosmetics retailer topped Wall Street estimates for its fiscal
third quarter and raised its full-year outlook.
Victoria’s Secret (NYSE:VSCO) stock rose strongly after the lingerie retailer
reported better-than-expected third quarter results, raising its full-year
outlook as its turnaround strategy shows signs of success.
On the flip side, Hewlett Packard
Enterprise (NYSE:HPE) stock slumped after the cloud services and hardware
company missed analysts’ revenue expectations for the fourth quarter, posting
$9.68 billion versus a consensus estimate of $9.94 billion.
On the geopolitical front, Treasury
Secretary Bessent provided a positive update on
U.S.-China trade relations, saying that implementation of the agreement between
Chinese President Xi Jinping and U.S. Donald Trump is
"going well".
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