Markets await U.S. jobs report
Update: 2024-12-06
Description
Markets are bracing for the U.S. jobs report, with Wall Street easing back from record highs, and small caps seeing their worst day in 3 weeks. Meanwhile in France, President Emmanuel Macron plays the blame game, resisting calls to step down and calling out the left and right for the government collapse. OPEC+ and its allies delay plans to increase production once again over weak demand and rising production outside the group. In the U.S., President-elect Donald Trump nominates former Senator David Perdue as the next ambassador to China, while tapping Elon Musk-ally David Sacks to lead on crypto and AI.
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