The S&P 500 was 0.1% lower in morning trading. Energy stocks in the S&P 500 were down 2.4% after their 16.8% surge in November, for example. Bank stocks were also weaker than the rest of the market, and roughly two-thirds of stocks in the S&P 500 were lower. Job growth in the United States slowed sharply last month, a report on Friday showed, and the numbers may get only worse. In Asia, markets were mixed as relations between the United States and China, the world’s two largest economies, remain tense.

Source: Mint December 07, 2020 15:22 UTC