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Nicole Inui

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US Stocks Hit Record Highs as Jobs Data Fuels Rate Cut Bets

US stocks reached all-time highs following positive jobs data, with the S&P 500 on track for its best annual return since 2019. The labor market remains stable, supporting expectations for a Federal Reserve rate cut in December, while inflation data next week will be crucial for future policy decisions. Corporate highlights include Lululemon's significant stock gain, DocuSign's revenue forecast boost, and Victoria's Secret raising its outlook after strong sales.
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United States Dollar Direct Line Insurance Group plc Victoria's Secret & Co. Lululemon Athletica Inc. Aviva plc DocuSign Inc USA Beth Hammack Austan Dean Goolsbee Chris Zaccarelli Michael Hartnett Lina Khan Jonathan Kanter Nicole Inui Show more
Finance & Economy, Market Report
22:20 06.12.2024
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