
Pre-Market Pulse 5th January – Strong Jobs data contradictory of early rate cut calls
Profit-taking continued for a second day after a strong finish to 2023, where the S&P500 rallied 15% since early November.

Profit-taking continued for a second day after a strong finish to 2023, where the S&P500 rallied 15% since early November.

Profit-taking continued for a second day after a strong finish to 2023, where the S&P500 rallied 15% since early November.

Much like the Christmas and NY hangover most of us are feeling, US Stocks trimmed some fat from the Santa rally

Despite the Nasdaq’s dip, ASX impact is minimal. Record low unemployment prompts economists to reassess rate forecasts, while commodities exhibit mixed performance amid market uncertainty.


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