5 Key Factors to Consider Before Friday’s Stock Market Opening

U.S. stock winning streaks in danger

The remarkable winning streak for U.S. stocks is facing a major hurdle this week as the major averages are on the verge of breaking their nine-week consecutive gains. The Dow Jones Industrial Average has fallen by 0.7% for the week, while the S&P 500 has experienced a decline of 1.7% and the Nasdaq Composite has shed 3.3%. The poor start to 2024 has raised concerns among investors about the sustainability of the recent rally. The upcoming December jobs report, scheduled to be released on Friday, will play a crucial role in determining how stocks will fare in the coming days. It’s a critical moment for investors as they closely monitor the market for any signs of a reversal in trend.