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Thursday, 01/04/2024 12:02:25 PM

Thursday, January 04, 2024 12:02:25 PM

Post# of 648882
S&P 500, Nasdaq muted after upbeat private payrolls data
REUTERS - 10:19 AM ET 1/4/2024

By Johann M Cherian and Shristi Achar A

The benchmark S&P 500 and the Nasdaq were subdued on Thursday after a jobs report indicated resilience in the labor market, tempering expectations of how early interest-rate cuts could begin.

Wall Street stumbled in the first two sessions of 2024, with the S&P 500 notching its worst two-day performance since late October as investors booked profits after a blistering rally last year.

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