Financial Market Preview - Friday 20-Dec

S&P futures are indicating a lower open, down (0.68%), as the fallout from the Federal Reserve’s hawkish tone continues to weigh on markets. Markets are now focused on November’s personal consumption data, following stronger-than-expected economic growth and consumer spending, which weakens the case for near-term Fed rate cuts. Asian markets ended mixed on Friday, but most major boards posted further losses to close out a tough week. European markets opened sharply lower on Friday, following Thursday’s broad declines. Companies Mentioned: TPG, Aadi Bioscience, Boeing

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StreetAccount U.S. Daily Market Preview is FactSet's daily podcast aiming to bring listeners up to speed with financial markets information on the day to come as quickly as possible. With a target time of ~5 minutes and a publish time of ~5:00 ET, this is an ideal listen prior to market open.