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Provided by Dow Jones By James Willhite Here s what we re watching ahead of the opening bell on Friday. U.S. stock futures ticked higher, with contracts tied to the S&P 500 up 0.3% a day after the broad-market index notched its first all-time closing high of 2021. Nasdaq-100 futures added 0.5%, suggesting tech shares would also build on Thursday s recovery. Investors have largely focused on prospects for additional government spending once Democrats achieve a unified government after President-elect Joe Biden is sworn in. What s Coming Up The U.S. jobs report for December is due at 8:30 a.m. ET. Job growth has slowed in recent months as cold weather, rising Covid-19 infections and lockdowns took the wind out of a nascent recovery and those factors are expected to have weighed heavily last month. ....
10 Must Reads for the CRE Industry Today (Jan. 9, 2021) NMHC’s first rent payment tracker numbers for 2021 show that 76.6 percent of renters had paid full or partial rent by January 6. Before Trump supporters turned violent at the Capitol they had been providing a boost to local hotel occupancies, reports Bisnow. These are among today’s must reads from around the commercial real estate industry. NMHC Rent Payment Tracker Finds 76.6 Percent of Apartment Households Paid Rent as of January 6 “The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.6 percent of apartment households made a full or partial rent payment by January 6 in its survey of almost 11.3 million units of professionally managed apartment units across the country.” ( ....