- The US NFIB Business Optimism Index worsens sharply in December.
The National Federation of Independent Business (NFIB) reported Tuesday that the US business optimism index fell to 95.9 in December from 101.4 in November. The market consensus was for a reading of 102.8.
Market reaction
This disappointing report does not appear to have a significant impact on market sentiment. S&P 500 futures are up 0.2% to 3,800. Meanwhile, the US dollar index was virtually unchanged on a daily basis at 90.49. The economic calendar does not show economic impact data for the rest of the US day, several speeches by Federal Reserve officials stand out.
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