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S&P 500
Benzinga
26 days

Dow Dips 500 Points; US Economy Adds 256,000 Jobs In December

1. U.S. stocks fell, with the S&P 500 dropping 1.26%. 2. Strong labor market added 256,000 jobs, exceeding expectations. 3. Energy shares rose by 0.6%, contrasting with tech shares' 2.1% drop. 4. Average hourly earnings rose 0.3% month-over-month, matching expectations. 5. Global markets also declined, reflecting negative sentiment.

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FAQ

Why Bearish?

The significant drop in S&P 500 indicates investor concerns, reminiscent of past downturns.

How important is it?

The labor market data can influence Federal Reserve decisions impacting S&P 500 performance.

Why Short Term?

Current market sentiment likely affects short-term investor behavior, as seen in recent volatility.

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