Reported 3 days ago
As December trading commences, the stock market is approaching record highs following significant gains in November. Investors are keenly awaiting the November jobs report, projected to showcase an increase of 200,000 jobs and a slight rise in the unemployment rate to 4.2%. This data is critical for understanding the Federal Reserve's potential interest rate cuts, with broader expectations suggesting a less aggressive approach in 2025 amid ongoing inflation concerns.
Source: YAHOO