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Barchart
Rich Asplund

Stocks Fall Ahead of US November Payroll Report

SP United States Nasdaq US Federal Reserve Stephen Miran Bitcoin Broadcom China Goldman Sachs Jeffries

The S&P 500 Index ($SPX) (SPY) on Monday closed down by -0.16%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down by -0.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.51%.  December E-mini S&P futures (ESZ25) fell -0.14%, and December E-mini Nasdaq futures (NQZ25) fell -0.51%.

Stock indexes erased early gains on Monday and turned lower, with the S&P 500 falling to a 2-week low and the Nasdaq 100 sliding to a 2.5-week low.  Stocks settled lower on Monday ahead of Tuesday’s important November payrolls report. Also, energy stocks retreated after crude prices dropped to a 1.75-month low, and cryptocurrency-exposed stocks slumped after Bitcoin fell more than -4% to a 2-week low.

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