
Stock Market Ends Tough Month on a High as Markets Brace for Inflation and Jobs Data
•By ADMIN
U.S. equity markets wrapped up November on a surprisingly strong note, giving investors some breathing room going into December — but all eyes are now on near‑term economic data. The major indexes — Dow Jones Industrial Average, S&P 500 and Nasdaq Composite — rebounded sharply this month after earlier volatility.
Still, the rally comes with caveats. Key economic reports are due soon: the personal consumption expenditures (PCE) inflation reading — the measure favored by the Federal Reserve — and a fresh jobs report from ADP.
Traders are watching those releases closely. If PCE inflation overshoots or the ADP report shows strong job growth, it could dampen hopes for further Fed rate cuts. That in turn might shake investor confidence right when things seemed to be settling.
On the bright side: this month’s gains give markets a healthier outlook heading into year-end, possibly setting the stage for further upside if inflation and jobs data cooperate.
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