{"id":57193,"date":"2025-12-15T10:08:21","date_gmt":"2025-12-15T14:08:21","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/us-manufacturing-sentiment-plunges-canadian-inflation-holds-steady-amidst-key-pre-market-movers\/57193\/"},"modified":"2025-12-15T10:08:21","modified_gmt":"2025-12-15T14:08:21","slug":"us-manufacturing-sentiment-plunges-canadian-inflation-holds-steady-amidst-key-pre-market-movers","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/us-manufacturing-sentiment-plunges-canadian-inflation-holds-steady-amidst-key-pre-market-movers\/57193\/","title":{"rendered":"US Manufacturing Sentiment Plunges, Canadian Inflation Holds Steady Amidst Key Pre-Market Movers"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>U.S. manufacturing sentiment<\/strong> experienced a significant downturn in December, with the <strong>NY Empire State Manufacturing Index<\/strong> plummeting to <strong>-3.90<\/strong> from its previous <strong>18.70<\/strong>, signaling a contraction in the sector.<\/li>\n<li><strong>Canadian inflation<\/strong> data for November showed a largely stable picture, with <strong>year-over-year CPI<\/strong> holding at <strong>2.2%<\/strong> and <strong>Core CPI<\/strong> at <strong>2.9%<\/strong>, though month-over-month figures indicated slight cooling.<\/li>\n<li>In <a href=\"https:\/\/stockmarketwatch.com\/movers\/premarket\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">pre-market trading<\/a>, <strong>Zillow (<a href=\"\/stock\/ZG\">ZG<\/a>)<\/strong> shares dropped <strong>6%<\/strong> following reports of Google testing real estate listings, while <strong>Zoetis (<a href=\"\/stock\/ZTS\">ZTS<\/a>)<\/strong> fell <strong>0.6%<\/strong> after announcing a <strong>$1.75 billion<\/strong> proposed convertible senior notes offering.<\/li>\n<li><strong>Costco (<a href=\"\/stock\/COST\">COST<\/a>)<\/strong> was downgraded to &#39;Sell&#39; by Roth Capital, seeing its stock dip <strong>0.9%<\/strong>, while <strong>Doximity (<a href=\"\/stock\/DOCS\">DOCS<\/a>)<\/strong> surged <strong>5.2%<\/strong> on an upgrade.<\/li>\n<\/ul>\n<p>The U.S. economic landscape saw a notable shift in manufacturing sentiment as the <strong>NY Empire State Manufacturing Index<\/strong> for December recorded a sharp decline to <strong>-3.90<\/strong>, a significant drop from the previous month&#39;s <strong>18.70<\/strong>. This unexpected contraction suggests <em>weakening conditions<\/em> in the New York manufacturing sector.<\/p>\n<p>Across the border, Canada&#39;s inflation figures for November presented a more stable, albeit slightly cooling, outlook. The <strong>Consumer Price Index (CPI) year-over-year<\/strong> remained steady at <strong>2.2%<\/strong>, matching the previous month&#39;s figure. Similarly, <strong>Core CPI year-over-year<\/strong> held at <strong>2.9%<\/strong>. However, both <strong>CPI month-over-month<\/strong> and <strong>Core CPI month-over-month<\/strong> showed slight decreases, coming in at <strong>0.1%<\/strong> and <strong>-0.1%<\/strong> respectively, indicating <em>moderating price pressures<\/em>.<\/p>\n<p>In pre-market trading, several companies experienced significant movements. Real estate technology firm <strong>Zillow (<a href=\"\/stock\/ZG\">ZG<\/a>)<\/strong> saw its shares fall <strong>6%<\/strong> amidst reports that Google is reportedly testing its own real estate listings feature, posing a potential competitive threat. Animal health company <strong>Zoetis (<a href=\"\/stock\/ZTS\">ZTS<\/a>)<\/strong> also dipped <strong>0.6%<\/strong> after announcing a proposed <strong>$1.75 billion<\/strong> convertible senior notes offering, a move that could dilute existing shareholder value.<\/p>\n<p>Meanwhile, wholesale retailer <strong>Costco (<a href=\"\/stock\/COST\">COST<\/a>)<\/strong> faced a downgrade from Roth Capital, shifting its rating to &#39;Sell&#39; from &#39;Neutral&#39;, which contributed to a <strong>0.9%<\/strong> decline in its stock. Conversely, digital health platform <strong>Doximity (<a href=\"\/stock\/DOCS\">DOCS<\/a>)<\/strong> enjoyed a pre-market boost, climbing <strong>5.2%<\/strong> following an upgrade from analysts, details of which were not immediately available. U.S. equity futures, including the <strong>ES<\/strong>, <strong>NQ<\/strong>, and <strong>RTY<\/strong>, were all showing modest gains of <strong>0.5%<\/strong>, <strong>0.6%<\/strong>, and <strong>0.8%<\/strong> respectively, indicating a cautiously optimistic start to the trading day despite some individual stock headwinds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways U.S. manufacturing sentiment experienced a significant downturn in December, with the NY Empire State Manufacturing Index plummeting to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[8134,1220,8135,2018,10813,3712,15816,4053,15817,4079,4223,4817,5310,6332],"class_list":["post-57193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-zillow","tag-cost","tag-zg","tag-pre-market","tag-canada-cpi","tag-cpi","tag-zoetis","tag-docs","tag-doximity","tag-zts","tag-inflation","tag-manufacturing","tag-us-economy","tag-costco"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/57193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=57193"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/57193\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=57193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=57193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=57193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}