Stock futures are trading higher, with the Nasdaq leading the charge, while global economic data shows mixed results in manufacturing and services PMIs. In the U.S., core retail sales exceeded expectations despite a softer headline number. The November employment report reveals 64,000 jobs added and an unemployment rate of 4.6%, driven by higher workforce participation.
Elsewhere, gold and silver prices are rallying, diverging from copper. Fed officials are providing insights on inflation and policy, with expectations for inflation to drift toward 2% over the next few years. Looking ahead, the focus shifts to upcoming corporate earnings from major companies like Lennar and General Mills, as well as key inflation data from the UK and the eurozone.