Weekly Roundup 12/6/24

Our PureVest Weekly Roundup looked at the latest employment report.  The November report showed employers created 227,000 jobs for the month.  Jerome Powell spoke Wednesday on the economy, saying the U.S. is in “remarkably good shape.”  Shoppers broke records on both Black Friday and Cyber Monday, with sales up over 10% from 2023 levels.  Apple and NVIDIA continue to battle it out as the world’s largest company; both now account for an over 9% weighting in the S&P 500.  We also added an article with a list of year-end planning items to review.  Enjoy the light reading, and have a great weekend!
Markets & Economy:

Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%
source:www.cnbc.com
Stocks Rally as Powell Bullish on US Economy
source:www.nasdaq.com
Shoppers spent a record $10.8 billion online on Friday, over 10% more than they did last Black Friday
source:www.npr.org
Cyber Monday was the biggest US online shopping day ever
source:www.cnn.com
Apple Breaks Out, Eclipsing Nvidia In Race For Year-End No. 1
source:www.investors.com
Southwest and American airlines raise sales outlooks, shares jump
source:www.cnbc.com
ESPN hopes to reach more casual sports fans with Disney+ integration
source:www.cnbc.com
18 To-Dos for Your Year-End Financial Planning Checklist
source:www.ellevest.com
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