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S&P Retreats, Gold Climbs, and Yen Gains as Traders Eye Nonfarm Payroll Data | Daily Market Analysis
Key events: USA - Average Hourly Earnings (MoM) (Nov) USA - Nonfarm Payrolls (Nov) USA - Unemployment Rate (Nov) The S&P 500 faced a setback on Thursday, snapping its three-day streak of record highs as investors processed earnings results and labor market data, all in anticipation of the critical nonfarm payrolls report set for release on Friday.
US Stocks Hold Steady as Investors Await Jobs Report and Assess Interest Rate Trends | Daily Market Analysis
Key events: USA - Average Hourly Earnings (MoM) (Sep) USA - Nonfarm Payrolls (Sep) USA - Unemployment Rate (Sep) US stocks experienced a modest decline on Thursday, rebounding from earlier session lows, as investors awaited the monthly jobs report and sought insights into future interest rate trends. The S&P 500 managed to hold above its 200-day moving average, currently fluctuating around 4,206.
S&P 500 Rises Amidst Yield Pause, Yen Finds Relief as Labor Market Takes Center Stage | Daily Market Analysis
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Markets in ‘Wait and See’ Mode While Safe-Haven Currencies Favored | Daily Market Analysis
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