Market Recap: S&P 500 Closes Slightly Higher Amid …

From Financial Modeling Prep: 2025-01-09 02:29:03

Employment data shows a strong labor market with initial jobless claims dropping to 201,000, the lowest since February. The four-week moving average decreased to 213,000, indicating ongoing resilience. However, private payroll growth slowed down, suggesting potential challenges ahead for job creation. These figures are crucial ahead of the Nonfarm Payrolls report.



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