S&P 500 Rally Pauses Amid Mixed Market Signals and Labor Data

TL;DR Summary
U.S. stock futures dipped as the dollar weakened and Treasury yields rose, following the S&P 500's record high. Market expectations for a December rate cut increased, while Tesla and Super Micro Computer stocks saw significant movements. Economic data showed increased construction spending and manufacturing activity. Analysts predict continued economic growth and further rate cuts, with the S&P 500 potentially reaching 6,600 by 2025. Upcoming economic reports include job openings, employment data, and trade deficit figures.
- US Stock Futures Dip As Dollar Slides And Treasuries Rise After S&P Hits 54th All-Time High This Year: Analyst Sees 'Further Upside' Of Around 10% In 2025 From Current Levels Benzinga
- S&P 500 slides from record as 2024's relentless rally takes a pause: Live updates CNBC
- Stock market today: S&P 500, Nasdaq drift near record levels as Dow falls following key jobs data Yahoo Finance
- Stock Market News: S&P 500 Edges Lower as Rally Pauses Barron's
- Nasdaq, S&P, Dow slide as the latest labor figures land Seeking Alpha
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
4 min
vs 5 min read
Condensed
91%
868 → 75 words
Want the full story? Read the original article
Read on Benzinga