CNBC Daily Open: Beauty is in the eye of the U.S. jobs report beholder
Whether you're a bull or a bear, Tuesday's tea leaves will show you what you want to see — but beware confirmation bias.
TL;DR
- The U.S. November jobs report showed a mixed picture, with an increased unemployment rate but also job growth exceeding estimates.
- Trader bets on January interest rate cuts remained largely unchanged following the report.
- Markets showed ambivalence, with major U.S. indexes mixed.
- Amazon is in talks to invest $10 billion in OpenAI.
- Trump designated the Venezuelan government as a terrorist organization.
- The UK's stock market (FTSE 100) has performed well year-to-date, outperforming expectations despite a lackluster economy.