Friday’s November jobs number was supposed to move the market but turned out to be a nonevent.
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The stock market is trying to return to its all-time high, but it needs a catalyst to do so. That catalyst could be earnings.
It was an uneventful week for the market, one that won’t help bulls or bears. The
S&P 500
finished the week up 0.2%, while the
Dow Jones Industrial Average
was essentially flat and the
Nasdaq Composite
rose 0.7%.
Friday’s November jobs number was supposed to move the market but turned out to be a nonevent. The reason? Stronger-than-expected numbers were offset by revisions to earlier months, the impact of strikes, and other factors. Still, the data suggest that the growing economy can…
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