[BRIEFING.COM] The S&P 500 (+1.8%), Nasdaq Composite (+2.0%), and DJIA (+2.3%) continue to chart session highs with just half an hour left in today's session.
Consumer credit increased by $24.0 billion in December (Briefing.com consensus: $8.4 billion) following an upwardly revised $4.7 billion increase (from $4.2 billion) in November.
The key takeaway from the report is that there was a healthy expansion in consumer credit in December, driven by solid pickups in both revolving and nonrevolving credit. The December expansion was the biggest since March 2025.