The day ahead: Wednesday

December 1, 2009

Indications of what markets might expect from Friday’s non-farm payrolls report could emerge from the ADP National Employment private sector survey and the November Challenger Layoff report.

Other highlights:

*  The lead committee on financial regulatory reform in the House of Representatives is expected to approve the last two of eight major regulatory bills.

*  Ford is expected to reveal its highly anticipated new Fiesta small car at the LA Auto Show, which runs through Thursday, while General Motors plans to showcase the U.S. production version of its new Chevrolet Cruze small car.

*  At the third day of the Reuters Media Summit we talk with WPP CEO Martin Sorrell, IAC CEO Barry Diller and Financial Times CEO John Ridding.

*  Treasury Secretary Timothy Geithner testifies before a Senate Committee on Agriculture hearing on OTC derivatives reform at 9:30 a.m. EST.

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