"Wall Street Edges Up as Bulls and Bears Clash Over Jobs Data; Key Stocks in Focus"

1 min read
Source: CNBC
"Wall Street Edges Up as Bulls and Bears Clash Over Jobs Data; Key Stocks in Focus"
Photo: CNBC
TL;DR Summary

U.S. stock futures saw a slight increase ahead of the December jobs report, despite Wall Street experiencing consecutive negative sessions that threaten to end a nine-week winning streak. Large cap tech stocks, including Apple, faced downgrades, leading to caution among investors like wealth management firm Corient. The jobs report is expected to show a slowdown in job growth, which could influence the Federal Reserve's rate decisions. Meanwhile, Peloton's shares surged following the announcement of a partnership with TikTok, adding to gains from the regular trading session.

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