- US stocks ended little changed on Friday as investors weighed the prospects for less aggressive central bank tightening and China's latest stimulus measure.
- The S&P 500 fluctuated for the majority of Friday's shortened trading session. However, its 1.5% weekly gain lifted the index to its highest level since early September. Despite a drop on Friday, the Nasdaq 100 gained ground for the week. Most treasuries recovered early losses.
- The minutes of the Federal Reserve's November 1st-2nd meeting showed that most officials supported slowing the pace of interest-rate hikes. Since the Fed's most recent meeting, investors have analyzed a slew of economic data that has eased inflation concerns, bolstering the case for smaller rate hikes.
- All eyes will be on the jobs report next week, as well as Fed Chair Jerome Powell and New York Fed President John Williams, both of whom are scheduled to speak.
