"Stock Market Rallies as Jobs Data Takes Center Stage"

1 min read
Source: CNBC
"Stock Market Rallies as Jobs Data Takes Center Stage"
Photo: CNBC
TL;DR Summary

Stock futures were little changed as investors awaited the release of the November jobs report. The Dow and S&P 500 snapped three-day losing streaks, while the Nasdaq Composite jumped 1.37%. Investors have been closely monitoring jobs data throughout the week, with reports showing fewer private payrolls and declining job openings. Pessimism among individual investors increased, while the Nasdaq Composite is on track for a sixth consecutive winning week. Traders will be watching key metrics such as wage growth and the unemployment rate in the upcoming jobs report. Notable after-hours moves included Lululemon Athletica dropping after issuing weak guidance and RH sliding after giving a disappointing revenue outlook. Stock futures opened near the flat line.

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