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Stocks Consolidate Ahead of Friday's US Payroll Report


//stocks-investing.news-articles.net/content/202 .. olidate-ahead-of-friday-s-us-payroll-report.html
Published in Stocks and Investing on Friday, December 6th 2024 at 7:31 GMT by MSN   Print publication without navigation

  • The S&P 500 Index ($SPX) (SPY) today is down -0.11%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.20%. Stocks today are posting modest losses as they consolidate this week's rally where the S&P 500,

The article from MSN Money discusses the current state of the U.S. stock market as it consolidates in anticipation of the upcoming U.S. payroll report due on Friday. Investors are particularly focused on this report as it could influence the Federal Reserve's future interest rate decisions. The market has shown mixed signals with the S&P 500 and Dow Jones Industrial Average experiencing slight declines, while the Nasdaq saw a marginal increase. This consolidation reflects investor caution, with many holding off on significant moves until after the payroll data is released, which could provide clearer insights into employment trends and economic health. Additionally, the article mentions that recent economic indicators have been mixed, with some sectors showing resilience while others hint at a slowdown, adding to the uncertainty in the market.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/stocks-consolidate-ahead-of-friday-s-us-payroll-report/ar-AA1vl4Ei ]

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