Stocks Stall as Markets Await Key Jobs Report

1 min read
Source: Reuters
Stocks Stall as Markets Await Key Jobs Report
Photo: Reuters
TL;DR

The S&P 500 and Nasdaq closed slightly down ahead of a key U.S. payrolls report, with technology, utilities, and industrials dragging the indices lower. Nvidia fell 1.1%, while Lululemon rose 4.8% on strong quarterly results. Investors are anticipating potential interest rate cuts from the Federal Reserve, with a 68% chance of a September reduction.

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