The S&P 500, Dow Jones, and Nasdaq indexes are mixed today, with the S&P 500 hitting a 2.5-week low due to US economic concerns. Energy producers are down as WTI crude oil falls to a 7-month low. Despite this, Fed-friendly reports on Nov payrolls and Oct retail sales are supporting the market.

US Nov nonfarm payrolls beat expectations, with a rise of +64,000 jobs. However, the unemployment rate increased to a 4-year high of 4.6%. Nov average hourly earnings rose less than expected at +3.5% y/y, the smallest increase in 4.5 years. Oct retail sales were unchanged overall but rose when excluding autos.

European bond yields are up, with the Eurozone manufacturing PMI falling unexpectedly. However, the German ZEW survey on growth expectations rose to a 5-month high. The UK manufacturing PMI also increased, showing the fastest pace of expansion in 15 months. The ECB is not expected to cut rates at its next policy meeting.

Stock movers include energy producers like Diamondback Energy and APA Corp falling over 2% due to low oil prices. Booz Allen Hamilton is down over 6% after CFO resignation, while Humana, Pfizer, and Illinois Tool Works are also down. On the upside, Cognex, Okta Inc, Southwest Airlines, Estee Lauder, and Ford Motor are up.

Earnings reports for 12/16/2025 include CSP Inc, Golden Matrix Group Inc, Immersion Corp, Lennar Corp, RCI Hospitality Holdings Inc, and Worthington Enterprises Inc. The markets are discounting a 24% chance of a rate cut by the FOMC in January.

Read more at Yahoo Finance: Stocks Slightly Lower on US Economic Concerns