Stock markets ended lower as winning streaks came to an end ahead of Friday jobs report.
From Nasdaq: 2024-12-05 18:16:00
Stock markets ended in the red with major indexes closing lower. The Dow fell -248 points, S&P 500 slipped -11 points, Nasdaq dropped -34 points, and Russell 2000 shed -25 points. Tomorrow’s jobs report may impact Fed’s rate cuts. LULU, ULTA, HPE reported strong Q3 earnings, with stock prices rising after hours.
Friday’s stock market awaits the non-farm payrolls report, expecting weaker job growth and wage growth. Zacks picks 5 stocks set to double in 2024, offering an opportunity to invest in potential home runs. Key economic data will shape market sentiment and trading activity.
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Read more at Nasdaq: Stock Markets’ Winning Streaks End Ahead of Friday Jobs Report
