Today, the S&P 500 is unchanged, the Dow Jones is up +0.09%, and the Nasdaq 100 is down -0.06%. US Q3 real GDP rose by +4.3%, beating expectations. Weekly initial unemployment claims fell by -10,000 to 214,000. The PBOC in China is focused on long-term stability. Seasonal factors are bullish for stocks in December. The odds for a -25 bp rate cut at the next FOMC meeting are at 13%. Overseas markets are mixed. European bond yields are lower. US stock movers include Apple up +0.5% and Intel down -2%. Cryptocurrency stocks are lower, and key miners are trading lower despite record highs for gold, silver, and copper. AST SpaceMobile is down despite launching a large satellite. Dynavax soared more than +30% after news of an acquisition by Sanofi. Earnings reports today are none.

Read more at Barchart: Stocks Little Changed Heading Into Year-End