S&P 500 closed Monday 12/8 at 6847, down 0.3% ##BORING DAY #I updated the coming reports calendar
Last edited Mon Dec 8, 2025, 05:11 PM - Edit history (218)
The S&P 500 is off 0.6% from its Oct 28 all-time high. It was down more than 5% 12 trading days ago, which was pullback territory (Pullbacks start at 5% down, Corrections start at 10% down, Bull markets start at 20% down.).
In the future I will only be doing these twice a week: Tuesday and Friday, unless it's really interesting. I've updated the below Monday, December 8, but did not excerpt a news summary
10 Year TREASURY YIELD 4.17% on 12/08, +0.03 (It local-bottomed out at 3.95% 10/22/25, its lowest point since April.)
https://finance.yahoo.com/quote/%5ETNX/
Bitcoin: (at 4:10 PM ET 12/08 ) 90,972, up from 89,411 on Friday. It has wiped out all its gains for 2025 -- it ended 2024 at $93,429. It's in bear market territory, down more than 20% from it's $126,000+ all-time high in October (actually down 28% from that level)
Market news of the day: https://finance.yahoo.com/
Stock market today: Dow, S&P 500, Nasdaq fall as Netflix skids on deal drama, Nvidia rises, Yahoo Finance, 12/8/25
https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-fall-as-netflix-skids-on-deal-drama-nvidia-rises-205106952.html
How major US stock indexes fared FRIDAY, AP, 12/5/2025, - this has for the 4 major indexes (S&P 500, Dow, NASDAQ, Russell 2000 (small caps) -- For the day, for the week (since Friday's close), and for the year (since the December 31 close)
https://finance.yahoo.com/news/major-us-stock-indexes-fared-211611885.html
Excerpting the Yahoo Finance link above:
No news summary from me today, there isn't anything particularly news worthy. I'm keeping the consumer sentiment below for another day.
I'm also updating the upcoming reports.
(From Friday Dec 5) Meanwhile, US consumer confidence ((actually consumer sentiment survey by the U. of Michigan -progree)) rose for the first time in five months as respondents' inflation expectations improved.
https://www.sca.isr.umich.edu/
((Notice how it was a fly-speck tickup in the month-over-month number while the 3-month average actually moved down. This is very common in media reporting, making an enormous hoohah about the teeniest little change -progree))
FROM FRIDAY 12/5: Bitcoin is down roughly 3% year-to-date compared to the S&P 500's 17% gain. .
Scroll down to see earlier in the day reports
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Coming up, reports (I'm also keeping the Dec 1 - Dec 5 ones for now)
https://www.marketwatch.com/economy-politics/calendar
The government reports are all seasonally adjusted, so please don't post comments about how the numbers look good only because of Christmas season hires - those have been adjusted for
Monday Dec 1 - S&P PMI and ISM's manufacturing reports (non-govt) - ICYMI - headlines I saw didn't look all that good
Wednesday Dec 3 - ADP employment, (non-govt) -- Private payrolls dropped 32,000 positions last month https://www.democraticunderground.com/10143576215
. . . S&P PMI and ISM's service reports (non-govt) -
Friday Dec 5 - PCE inflation -- the Fed's favorite inflation gauge, which I think sucks because it fully includes substitution effects, e.g. if a lot of consumers switch from soaring priced beef to turkey necks, this causes meat prices to rise less steeply or even fall (govt: the Commerce Dept) -- https://www.democraticunderground.com/10143577593
September PCE: +0.3%, 12 months: 2.8% (was 2.7%) ##CORE PCE: +0.2%, 12 months: 2.8% (was 2.9%);
(The "was" is what was reported in August). Some media are making a huge huge deal about a slight 0.1% downturn in the core YOY PCE inflation rate, I don't know why, but it's standard for the media to make a big thing out of a very minor change.
. . . Personal spending and personal income (govt: the Commerce Dept)
. . . Consumer sentiment (non-govt)
https://www.sca.isr.umich.edu/
((Notice how it was a fly-speck tickup in the month-over-month number while the 3-month average actually moved down. This is very common in media reporting, making an enormous hoohah about the teeniest little change -progree))
TUE December 9:
NFIB Optimism index, (non-govt)
JOLTS (Jobs Opening and Labor Turnover Survey) (govt)
WED December 10:
Employment Cost Index for Q3 (govt)
FOMC Interest rate decision at 2 pm ET - very widely expected to be a quarter point rate cut
THUR DECEMBER 11:
Weekly unemployment insurance claims (govt)
Trade deficit (govt)
Revised release dates for Bureau of Labor Statistics reports: https://www.bls.gov/bls/2025-lapse-revised-release-dates.htm
The October's CPI report has been cancelled and the November CPI won't be released prior to the Fed's December 10 rate-setting meeting. The November report was originally scheduled for 830 AM ET Dec 10, - several hours before the Fed's decision.
On November 21 we learned that they won't see the November jobs report until days after their meeting. And there won't be an October jobs report. The headline non-farm payrolls part for October will be presented with the November data, but again the November report won't come out until days after their meeting. The October unemployment rate will never be presented
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The S&P 500 closed Monday December 8 at 6847, down 0.3% for the day,
and up 18.4% from the 5783 election day closing level,
and up 14.2% from the inauguration eve closing level,
and up 16.4% year-to-date (since the December 31 close)
and down 0.6% from its October 28 all-time-high
S&P 500
# Election day close (11/5/24) 5783
# Last close before inauguration day: (1/17/25): 5997
# 2024 year-end close (12/31/24): 5882
# Trump II era low point (going all the way back to election day Nov5): 4983 on April 8
# October 28 all-time-high: 6890.90
# Several market indexes: https://finance.yahoo.com/
# S&P 500: https://finance.yahoo.com/quote/%5EGSPC/
https://finance.yahoo.com/quote/%5EGSPC/history/
Bitcoin
Bitcoin ended 2024 at $93,429. https://finance.yahoo.com/quote/BTC-USD/
Bitcoin's all-time interday high: 126,198 on Oct. 6
Bitcoin's all-time closing high: 124,753 on Oct 6.
https://finance.yahoo.com/quote/BTC-USD/history/
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I'm not a fan of the DOW as it is a cherry-picked collection of just 30 stocks that are price-weighted, which is silly. It's as asinine as judging consumer price inflation by picking 30 blue chip consumer items, and weighting them according to their prices. But since there is an automatically updating embedded graphic, here it is. It takes several, like 6 hours, after the close for it to update, like about 10 PM EDT.
(If it still isn't updated, try right-clicking on it and opening in a new tab. #OR# click on https://finance.yahoo.com/quote/%5EDJI/ ).
The Dow closed Friday at 47,955, and it closed Monday at 47,739, a drop of 0.4% (216 points) for the day
https://finance.yahoo.com/
DOW: https://finance.yahoo.com/quote/%5EDJI/
. . . . . . https://finance.yahoo.com/quote/%5EDJI/history/
DOW
# Election day close (11/5/24) 42,222
# Last close before inauguration day: (1/17/25): 43,488
# 2024 year-end close (12/31/24): 42,544
DJIA means Dow Jones Industrials Average. It takes about 6 hours after the close to update, so check it after 10 PM EDT. Sometimes it takes a couple days (sigh)
I don't have an embeddable graph for the S&P 500, unfortunately, but to see its graph, click on https://finance.yahoo.com/quote/%5EGSPC/
While I'm at it, I might as well show Oil and the Dollar:
Crude Oil
US Dollar Index (DX-Y.NYB)
If you see a tiny graphics square above and no graph, right click on the square and choose "load image". There should be a total of 3 graphs. And remember that it typically takes about 6 hours after the close before these graphs update.
🚨 ❤️ 😬! 😱 < - - emoticon library for future uses
= new reply since forum marked as read
I look at it often. 
If I had a nickel for every time I’d said that. 
I am far from liking anything about crypto. I try to avoid things that are easy to buy and difficult to sell. I do monitor it, tho. Due to its position in the techbro’s DOW -> AI -> Crypto financial ouroboros.