The S&P 500 index closes lower as investors weigh new U.S. jobs data

U.S. stocks closed lower on Wednesday as signs of a slowdown in the U.S. labor market bolstered expectations that the Federal Reserve may begin cutting interest rates early next year, but weakness in mega-cap stocks and energy limited gains.

According to preliminary data, the S&P 500 index fell by 0.39% to 4,549.37 points. The Nasdaq technology index fell 0.58% to 14,146.71 points. The Dow Jones fell 0.19% to 36,054.76 points.

Source: Terra

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