It has been a quiet day which could become more raucous with all the action happening at the close.

Six new names in the NASDAQ 100:

• American Electric Power Company Inc (AEP)
• Marvell Technology Group Ltd. (MRVL)
• Match Group Inc (MTCH)
• Okta Inc (OKTA)
• Peloton Interactive Inc (PTON)
• Atlassian Corporation PLC (TEAM)

Six names removed:

• BioMarin Pharmaceutical Inc. (BMRN)
• Citrix Systems, Inc. (CTXS)
• Expedia Group Inc (EXPE)
• Liberty Global PLC (LBTYA)
• Take Two (TTWO)
• Ulta Beauty Inc (ULTA)

Tesla (TSLA) goes into the S&P 500 as the seventh most influential name in the index.

Slowing Growth

Leading Economic Indicators slide a little in November.  It is another economic data point looking like it could use a jolt.  Maybe it happens over the weekend, as Congress debates stimulus down to the wire and they also discuss whether to fund the government.

LEI

Although it is backward looking, Leading Economic Indicators includes ten components and is highly thought by many economists.

1. Average weekly hours, manufacturing
2. Average weekly initial claims for unemployment insurance
3. Manufacturers’ new orders, consumer goods and materials
4. ISM® Index of New Orders
5. Manufacturers’ new orders, nondefense capital goods excluding aircraft orders
6. Building permits, new private housing units
7. Stock prices, 500 common stocks
8. Leading Credit Index™
9. Interest rate spread, 10-year Treasury bonds less federal funds
10. Average consumer expectations for business conditions