Stock Market Update Friday January 5, 2024
Stock Market Update Friday January 5, 2024 Solid labor market data tempered optimism for a potential rate cut, putting pressure on stock prices. The substantial jobs report on Friday presented a mixed picture. In December, nonfarm payrolls grew by 216k, maintaining the unemployment rate at 3.7%, with hourly earnings increasing by 0.44%. However, enthusi…
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