Assalam O Allaikum ! The small change signals that traders may be waiting for more data from the jobs report on Friday. November’s payroll report from the Labor Department on Friday at 8:30 a.m. ET is expected to show 200,000 added jobs, according to economists polled by FactSet. That would be down from 261,000 in October and the slowest monthly increase in hiring in two years. “I don’t think a weak report is a non-event,” said Bob Iaccino, Path Trading Partners co-founder and chief market strategist. “The probability hasn’t really moved much, which tells me that 50 basis points is not truly priced in yet,” he added. While a slowing pace of job growth might signal the Fed is getting its wish of a weaker economy and possibly less inflationary pressure, Powell on Wednesday rem
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