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Barchart
Barchart
Rich Asplund

Stocks Pressured by Labor Market Weakness and AI-Demand Concerns

Mỹ SP United States Nasdaq US Federal Reserve ADP Donald Trump Kevin Hassett Microsoft Marvell Technology

The S&P 500 Index ($SPX) (SPY) today is down by -0.15%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.49%.  December E-mini S&P futures (ESZ25) are down -0.17%, and December E-mini Nasdaq futures (NQZ25) are down -0.49%.

Stock index futures gave up overnight gains and turned mixed as signs of weakness in the US labor market have stoked economic concerns.  Today’s US Nov ADP employment report showed employers in November unexpectedly cut jobs by the most in more than 2.5 years.

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