S&P 500 Hits Record High Amid Mixed Economic Signals
TL;DR Summary
U.S. stock futures showed minimal movement after the S&P 500 and Nasdaq Composite recorded their third consecutive week of gains, while the Dow Jones fell slightly. This follows a strong November jobs report that bolstered expectations for a Federal Reserve interest rate cut at the upcoming December meeting. Investors are now focused on upcoming inflation data, with the consumer price index expected to show a slight increase. Corporate earnings, including Oracle's, are also anticipated this week.
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- S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view Reuters
- Stock Market Gains, Dow Jones Lags After Strong Jobs Report; Inflation Data Looms Investor's Business Daily
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