Investors will keep a keen eye on global oil prices, which fell to a five-year low on news that the Organization of the Petroleum Exporting Countries (OPEC) will not slash production in the near future. Some analysts are projecting that oil prices could plummet even further. Gold and silver prices slipped again on news that voters in Switzerland have rejected a proposal on Sunday to increase the nation's gold reserves and that China's manufacturing sector is growing at a lower-than-expected pace. The HSBC manufacturing index, which measured China's production growth in November, slipped to a six-month low.
Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Monday:
Full U.S. Economic Calendar December 1, 2014:
About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.