Posted 12/7/2023, 2:36:52 PM
Stocks Rebound Ahead of Jobs Report; Oil Prices Recover Some Losses
- US stocks rose on Thursday as investors looked to jobs data for clues on interest rates; Dow lagged while S&P 500 and Nasdaq rebounded
- Latest jobless claims (220,000) inline with expectations, showed limited layoffs
- Friday's monthly jobs report will be key for inflation outlook and Fed policy before next week's meeting
- Oil prices regained some ground after hitting 5-month lows
- Yahoo Finance article provides in-depth analysis of latest stock market news moving prices