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Wednesday, December 2, 2020

Wednesday Watch List

 Markets

Wednesday's reports start with private sector U.S. job growth for November from ADP at 7:15 a.m. CST, an early hint at Friday's unemployment report. The U.S. Energy Department reports on weekly energy inventories at 9:30 a.m. and is followed by the Federal Reserve's Beige Book at 1 p.m. Export news and the latest weather forecasts will also be noted.

Weather

A system will bring moderate showers to the Southern Plains Wednesday, along with moderate snowfall in southwest Kansas, western Oklahoma, and the northern Texas Panhandle. Western areas are likely to see winter wheat go dormant while the moisture will benefit winter wheat in the eastern Plains. Other areas will be dry.