"Stocks Fluctuate as Strong Jobs Data Clashes With End of S&P and Dow's 9-Week Rally"

The stock market ended its nine-week winning streak, marking the worst start to a year since 2016 for the Dow and S&P 500, as investors reacted to strong labor market data and concerns over when the Federal Reserve will cut interest rates. Despite a positive jobs report showing 216,000 new jobs in December, beating expectations, and an unchanged unemployment rate at 3.7%, stocks fell due to fears that the Fed may delay interest rate cuts. Additionally, Apple shares dropped after analyst downgrades, and AMC shares hit an all-time low. Upcoming economic data and corporate earnings reports are expected to further influence market expectations regarding the Fed's monetary policy.