Stock market today: S&P 500 closes lower halting record run as payrolls loom

Investing.com-- The S&P 500 fell Thursday, halting three straight days of closing records, as investors digested a slew of earnings and labor market data, a day ahead of the nonfarm payrolls report.US initial jobless claims rose to 224,000 in the week ended Nov. 30 from an upwardly revised 215,000 in the prior week, compared with economists' expectations for 215,000.

"We don’t think the Fri jobs report will forestall a 12/18 rate cut, but it could certainly cause Powell and the supplemental to shift in a hawkish direction later this month," Vital Knowledge said in a Thursday note.), stock gave up gains to close just above the flatline after the discount chain operator reported third-quarter revenue that surpassed expectations, while also trimming the upper end of its annual profit forecast on hurricane-related expenses.

Atkins' tenure could end the"regulation by enforcement" era, Bernsteins said, taking the shackles off innovation in the blockchain industry that could see bitcoin hit a cycle-high of $200,000 in late 2025.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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