S&P 500 slips into the red for 2026 as job-market jitters mount

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Source: MarketWatch
S&P 500 slips into the red for 2026 as job-market jitters mount
Photo: MarketWatch
TL;DR Summary

The S&P 500 fell 1.2% and turned negative for 2026 as December job openings fell to 6.5 million, signaling a cooling labor market and higher risk of layoffs; nine of the 11 sectors declined, with tech leading losses and mega-cap names under pressure, while investors rotated into Treasuries and money-market funds and volatility spiked as risk appetite cooled.

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