CNBC Daily Open: Caution in the air as stock rally stalls
Publishing timestamp: 2023-12-07 02:30:01
Summary
The Dow Jones Industrial Average and S&P 500 closed lower for the third straight day, while the Nasdaq Composite also dropped. Private sector job creation slowed in November, and wages showed minimal growth. JPMorgan Chase CEO Jamie Dimon criticized cryptocurrencies and suggested they should be banned. Oil prices fell, and retail gasoline prices hit their lowest level since January. The article also mentions caution in the market and the upcoming Federal Reserve policy meeting.
Sentiment: MIXED
Tickers: .STOXX, .SPX, C, JPM, .DJI, .IXIC,
Keywords: dow jones industrial average, banks, world markets, nasdaq composite, stoxx 600, consumer prices, business news, jobs, inflation, s&p 500 index, citigroup inc, united states, prices, markets, jpmorgan drn,
Source: https://www.cnbc.com/2023/12/07/cnbc-daily-open-caution-in-the-air-as-stock-rally-stalls-.html