Markets are pulling back today as traders wait for December jobs data. Futures for the S&P 500 and Nasdaq 100 are both down -0.2%.
Stocks Fall Before Jobs Data
The numbers are expected to show +165,000 new jobs added in December, with unemployment steady at 4.
Markets are settling into holiday mode, with stock futures slightly down on the last full trading day before Christmas. Here’s where things stand today:
* Nasdaq-100: +0.37%
* S&P 500: +0.04% (flat)
* Dow Jones: -0.22%
On Friday, the S&P 500 rose 1.1%, recovering
The U.S. job market bounced back in November, adding 227,000 jobs, strengthening the case for a Federal Reserve rate cut in December.
Meanwhile, corporate buybacks help drive stock prices higher, and data from Bloomberg reveals which sectors thrive—and struggle—after rate cuts. Here’s everything you need
Thanksgiving weekend and Black Friday are a big deal for the economy and the stock market. Here's some key trends to follow:
More Shoppers Than Ever
Thanksgiving weekend keeps pulling in more and more shoppers. In 2023, 200.4 million people shopped in stores or online, breaking the
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