Several sets of key U.S. economic data are scheduled to be released on Thursday, December 3.
The Challenger job-cut report for November is scheduled for release at 7:30 a.m. ET.
Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims increasing to 780,000 for the November 28 week from 778,000 in the previous week.
US Services Purchasing Managers' Index for November is scheduled for release at 9:45 a.m. ET. The services PMI is expected to rise to 57.7 in November from previous reading of 56.3.
The ISM's services index for November will be released at 10:00 a.m. ET. ISM's index is projected to decline slightly to 56 in November from 56.6 in October.
The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.
The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.
Data on money supply for the recent week will be released at 4:30 p.m. ET.
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