Morning View
Major U.S. stock indexes traded mixed ahead of employment data
International
Yesterday, the main US stock indices closed mixed, awaiting December employment data to be released today. It is expected that 70,000 jobs were created during the month and that unemployment will stand at 4.5%, down from 4.6% the previous month. The S&P 500 was unchanged from Wednesday, while the Nasdaq fell -0.4% and the Dow Jones rose +0.6%. So far in 2026, the indices have accumulated variations of +1.1%, +1%, and +2.5%, respectively.
Meanwhile, US Treasury bond yields widened yesterday. The 1-year bond closed at 3.48%, up from 3.47% previously, while the 3-year bond yield widened from 3.52% to 3.56%. Finally, the 10-year yield rose from 4.15% to 4.18%.
Commodities showed mixed trends. Gold appreciated 0.4% to USD 4,474 per ounce, accompanied by rises in WTI crude oil (+4.6%) and Brent crude oil (+4.8%), which closed at USD 58.5 and USD 62.8 per barrel. The exception was soybeans, which fell 0.5% to close the day at USD 384.7 per ton.
Fuente: PUENTE Hnos, Bloomberg
In the United States, Treasury bond yields remain stable.
Internacional
Yields on US Treasury bonds remained virtually unchanged yesterday. The 1-year bond closed at 3.47%, just above the previous 3.46%, while the 3-year bond rose from 3.52% to 3.53%. The 10-year bond also saw a slight increase in yield, from 4.16% to 4.17%.
Yesterday, S&P Global published the Purchasing Managers' Index (PMI) for December in the services sector. The index stood at 52.5 points, below the 52.9 projected by the consensus of analysts and down from 54.1 last month. We remind you that a reading above 50 points implies expansion of activity, and below 50 points implies contraction.
Finally, the major US stock indices continued to rise yesterday. The S&P 500 advanced +0.6%, as did the Nasdaq, while the Dow Jones advanced +1%. With three trading sessions already completed in 2026, the indices have accumulated year-to-date gains of +1.5%, +1.3%, and +2.9%, respectively.
Fuente: PUENTE Hnos, Bloomberg
