HomeLifestyleTravel & LeisureMarket Recap: The Market Took A Dip, But Closes Higher
Market Recap: The Market Took A Dip, But Closes Higher

The market took a dip after stronger-than-expected job openings data, and stubbornly high job openings are still signaling relatively tight labor market, says Kevin Gordon. He and Cooper Howard join Oliver Renick to give an overview of today's market. They discuss some S&P 500 winners which include Bath & Body Works (BBWI), Carnival (CCL), and Warner Bros. Discovery (WBD), and losers which include Arista Networks (ANET), Microsoft (MSFT), and Cigna (CI). Cooper Howard notes the market continues to predict peak rate near 5%. They also go over how the markets closed higher following the release of the December FOMC minutes. Finally, they mention tomorrow's notable economic data which includes challenger job cuts, ADP employment, and jobless claims. Tune in to find out more about the stock market today.

Market On Close

04 Jan 2023

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