CNBC Daily Open: Three days is a streak
Publishing timestamp: 2023-12-06 18:22:03
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. Bitcoin broke above $40,000 and could potentially reach $50,000. The labor data and upcoming Federal Reserve policy meeting are influencing market sentiment. The focus will shift to the Labor Department's November employment report.
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-three-days-is-a-streak.html