bloomingbitbloomingbit

Editor's PiCK

[New York Stock Exchange Briefing] Increased Caution Before Employment Data Release... Tesla Rises 3.2% [New York Stock Exchange Briefing]

Source
Korea Economic Daily
공유하기

The three major indices of the New York Stock Exchange fell slightly. It is interpreted as a cautious stance before the employment data release.

On the 5th (local time), the Dow Jones Industrial Average closed at 44,765.71, down 248.33 points (0.55%) from the previous session. The Standard & Poor's 500 Index fell 11.38 points (0.19%) to 6,075.11, and the Nasdaq Composite Index dropped 34.86 points (0.18%) to close at 19,700.26.

Ahead of the November U.S. non-farm employment data release on the 6th, the indices showed little movement. The non-farm employment data is the last official employment data to be released before the December Federal Open Market Committee (FOMC) meeting.

Recently, officials from the Federal Reserve have shown caution, stating that more data needs to be confirmed. Jerome Powell, the Fed Chair, also mentioned in a public statement the day before that the U.S. economy is in very good condition and that there is

publisher img

Korea Economic Daily

hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.

Feel free to share your thoughts and questions about the news!

What did you think of the article you just read?