Stocks Slip Ahead of Key Jobs Data That Could Sway Fed Rate Moves
• Wall Street gave back some gains Monday ahead of job market reports that may provide insight into Fed interest rate thinking
• S&P 500 closed 0.5% lower; Dow slipped 0.1%; Nasdaq dropped 0.8%
• Alaska Air to buy Hawaiian Airlines in $1.9B deal including debt assumption, concerning for airline consolidation
• Spotify surged 7.5% after announcing 3rd round of layoffs this year; Uber gained on S&P 500 inclusion
• Key updates on jobs, unemployment, and November monthly jobs report could influence Fed's next rate decision on Dec. 13