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Stock Market Update Monday December 11, 2023

Stock Market Update Monday December 11, 2023 Stocks managed to close higher, with a small number of highly weighted issues. The S&P 500 drifted higher by 0.4%, and the Nasdaq 100 by 0.85%. Highly anticipated economic data premarket will likely determine the direction of the stock market for tomorrow.

Treasuries managed to finish little changed despite soft 3- and 10-year auctions this afternoon, with November CPI and a looming $21 billion long bond reopening on tap tomorrow. WTI crude held just above $71 a barrel, gold retreated to $1,982 per ounce, and the VIX remained south of 13 once more.

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