Traders await key U.S. jobs report

Written by on December 8, 2023

An Hour Ago

U.S. stocks open lower

U.S. stocks opened lower Friday as investors assessed a strong jobs report that left them torn between hopes for a resilient economy and expectations for Federal Reserve rate cuts in the new year.

The Dow Jones Industrial Average fell 0.1% at the start of the trading day. The S&P 500 and the Nasdaq Composite also both dipped 0.2% and 0.3%, respectively.

— Karen Gilchrist



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