Soft Retail Sales, Weak ADP Jobs Data May Shape Fed Outlook (Live Coverage)

Retail sales came in below forecasts, while ADP’s new weekly jobs report showed payrolls sliding through early November. The producer price index was mixed, but core PPI was below expectations. The data, though some of it is stale, will shape the Federal Reserve outlook beyond the Dec. 10 meeting. S&P 500 futures are basically flat after the data, despite Nvidia…