"Stocks Retreat as Jobs Report Looms: Dow, S&P, and Bitcoin Prices React"

1 min read
Source: Yahoo Finance
"Stocks Retreat as Jobs Report Looms: Dow, S&P, and Bitcoin Prices React"
Photo: Yahoo Finance
TL;DR Summary

Stocks were little changed on Friday as investors analyzed the US monthly jobs report, which showed a surprise drop in the unemployment rate to 3.7% in November. The report indicated that the labor market may not be cooling as quickly as expected, potentially influencing the Federal Reserve's decision on interest rates. Meanwhile, the UK antitrust regulator is considering a probe into the partnership between Microsoft and OpenAI. In commodities, oil prices bounced back but are still on track for the longest run of losses in five years.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

6 min

vs 7 min read

Condensed

93%

1,28087 words

Want the full story? Read the original article

Read on Yahoo Finance