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That puts the stock market in a precarious position. Expectations regarding rate cuts could change based on an important economic data point that will be published on Wednesday, Nov. 27.
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Stock market news live updates: Stocks extend volatility streak to close lower amid positive economic data, Fed update ... ramped up in the final months of 2021 at a better-than-expected 6.9% ...
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Stocks reached record levels on Thursday as investors digested more quarterly earnings results and new data on the labor market's recovery. The S&P 500 advanced to log a record closing high.
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But there's definitely room for the market to go." 9:30 a.m. ET: S&P 500 touches intraday record, Dow gains after jobs report Here's where markets began the trading day on Friday: