Stocks set for flat open after quiet overnight
- Stocks are on track for a flat open as the ADP report on private payrolls kept up its recent pace in November, though the 208K new jobs was a bit below expectations; S&P and Dow flat, Nasdaq +0.1%.
- Asian markets ended mostly higher, with Japan and Shanghai reaching new highs, and European bourses trade mixed.
- Brent crude pushes above $71/bbl, recovering some of its losses from the previous session as a turbulent market searches for a price floor.
- Treasurys have spent the night near their flat lines, and the benchmark 10-year note currently holds a slim gain with its yield at 2.29%.
- Still ahead: PMI services, ISM non-manufacturing, EIA petroleum inventories
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