Dow, S&P 500 Stumble as Bond Yields Retreat

A cooling labor market data sent the 10-year Treasury yield below 4.2%, though

Deputy Editor
Dec 5, 2023 at 4:28 PM
facebook X logo linkedin

Stocks stalled out again today, with the Dow settling lower, the S&P 500 closing flat, and the Nasdaq managing a minor win. Despite the December dreariness on Wall Street, job openings fell to 8.7 million in October, the lowest level since March 2021 and signaling a cooling labor market. In response, the 10-year Treasury yield dropped below the key 4.2% for the first time since early September. 

  • Robinhood stock boosted by crypto trading volume
  • Put traders eye lithium stock after downgrade. 
  • Plus, stock market sentiment shifting into November; Dow stock at a crossroads; and NOK loses AT&T deal. 

Summary 1205

NYSE Nasdaq 1205

5 Things to Know Today

    1. Goldman Sachs sees an increasingly supportive environment for deal-making on Wall Street. (MarketWatch)
    2. The trailer for Grand Theft Auto VI was released early after leaking online. (Bloomberg)
    3. Plenty of buying power to fuel a Santa Claus Rally. 
    4. Blue-chip pharma stock updates guidance. 
    5. Behind Nokia stock's three-year lows

    Earnings 1205

    UVOL 1205

    Oil Falls for 4 Straight

    Oil futures dropped for the fourth-straight day to settle at their lowest level since July. January-dated West Texas Intermediate (WTI) crude fell 72 cents, or 1%, to settle at $72.32 a barrel. 

    Gold prices are slipping further from yesterday's record highs. At last look, February gold futures were down 0.2% at $2,038.30.  


    Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

    This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

    On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

    Start targeting gains like the ones our subscribers have seen recently, including:

    213.3% GAIN on AutoNation calls
    100.0% GAIN on Monster Beverage calls
    100.4% GAIN on Walgreens Boots Alliance puts
    100.4% GAIN on ON Semiconductor calls
    257.7% GAIN on Dell calls

    101.0% GAIN on Apollo Global Management calls
    103.6% GAIN on JP Morgan  Chase calls
    105.3% GAIN on DraftKings calls
    101.3% GAIN on Airbnb calls
    203.0% GAIN on Shopify calls
    102.0% GAIN on Cboe Global Markets calls
    100.9% GAIN on Boeing calls
    102.1% GAIN on Microsoft puts
    102.3% GAIN on First Solar calls
    101.5% GAIN on PulteGroup calls
    101.0% GAIN on Apple calls
    209.4% GAIN on NXP Semiconductors calls
    100.8% GAIN on Uber Technologies calls
    100.4% GAIN on Academy Sports and Outdoors puts
    102.2% GAIN on Trade Desk calls
    100.8% GAIN on DoorDash calls
    100.0% GAIN on Camping World Holdings puts
    100.0% GAIN on Cboe Global Markets calls
    100.2% GAIN on calls
    238.5% GAIN on Oracle calls



    Rainmaker Ads CGI