### Major Index Performance
- **S&P 500**: Rose by 0.3% or 15.16 points to close at 6,090.27, reaching a new record closing high[5].
- **Dow Jones**: Fell by 0.3% or 123.19 points to close at 44,642.52[5].
- **NASDAQ**: Surged by 0.8% or 159.05 points to close at 19,859.77, also reaching a new record closing high[5].
### Key Factors Driving Today's Market Direction
- **Jobs Report Anticipation**: Investors were cautious ahead of Friday's jobs report, which can influence market sentiment and Fed policy decisions[2].
- **Sector Rotation**: Technology shares eased after recent gains, while other sectors adjusted based on expectations of future government policies and regulations[3].
### Notable Sector Performance
- **Top Gainers**: Consumer Discretionary and Health Care sectors, though Health Care was the weakest gainer, up only 0.13% in November. For today, specific sector performances are not detailed, but tech-heavy NASDAQ's surge indicates strong performance in technology[3][5].
- **Decliners**: Shares of UnitedHealth (UNH) tumbled by 5.1%, contributing to the Dow's decline[5].
### Market Highlights
- **Most Actively Traded Stocks**: No specific details provided for today, but UnitedHealth (UNH) was notable due to its significant decline[5].
- **Biggest Percentage Gainers and Losers**: UnitedHealth (UNH) was a major loser, down 5.1%[5].
- **Significant Market-Moving News Events**: The market reacted to the upcoming jobs report and continued to digest the impact of potential future government policies and regulations[2][3].
### Technical Analysis
- **Current Market Trend**: Mixed signals with the S&P 500 and NASDAQ showing bullish indicators (reaching new record highs), while the Dow Jones indicated bearish sentiment (decline)[5].
- **Key Support and Resistance Levels**:
- **S&P 500**: Support levels at 6072.48 and 6062.85; Resistance levels at 6098.16 and 6107.79[2].
- **Trading Volume Analysis**: No specific details provided for today.
- **VIX Movement and Implications**: No specific data provided for today.
### Forward-Looking Elements
- **Pre-Market Futures Indication**: Not specified for the next trading day.
- **Key Events to Watch for Tomorrow**: No major events highlighted for tomorrow, but the jobs report released today will likely influence next week's trading.
- **Important Upcoming Earnings Releases**: No specific releases mentioned for the immediate future.
- **Potential Market Catalysts**: The Fed meeting on December 17-18, 2024, where a 0.25% rate cut is anticipated with a 66% probability[3].
This content was created in partnership and with the help of Artificial Intelligence AI