Stock market today: Indexes eke out another record close as traders brace for new economic data – AOL

• Stocks traded mixed this week as investors focused on key economic indicators.

• The S&P 500 and Nasdaq managed to rise slightly and near new records.

• After martial law was declared in South Korea, stock prices in South Korea plummeted.

U.S. stocks traded wildly on Tuesday, ending mixed as investors exited the bull market that hit a record high in the previous session.

The S&P 500 and Nasdaq closed at new records Tuesday, rising slightly, while the Dow Jones Industrial Average fell 76 points.

Investors are looking for fresh catalysts and are bracing for a wave of new economic data this week that could help determine where interest rates will head at central bank meetings this month.

Jobs statistics for October were better than expected, with 7.74 million new jobs added in the month. Capital Economics writes that this recovery suggests that the situation is stabilizing at a healthy level.

The report comes ahead of the much-anticipated November payroll report, scheduled for Friday. The paper said improved labor data could relieve the Fed from aggressive pressure to cut rates, and the probability of a quarter-point rate cut in December has fallen slightly to 72.1%. CME FedWatch Tools.

Fed speakers on Tuesday further raised expectations that interest rates could continue to fall into 2025

“I have a feeling that interest rates will be lower than they are now over the next year,” Chicago Fed President Austan Goolsby said.

Outside the United States, martial law was declared in South Korea. Stock prices in that country plummetbut then rebounded. President Yoon Seok-yeol announces that he will lift the order Immediately after Congress rejected it.

Here are the U.S. indices as of Tuesday's close at 4 p.m.

Here's what else happened today:

In Commodities, Fixed Income and Cryptocurrencies:

• west texas intermediate Crude oil rose 2.8% to $70.01 per barrel. brent crude oilThe international benchmark dollar rose 2.56% to $73.67 per barrel.

• gold It rose 0.24% to $2,665 an ounce.

• The yield on the 10-year Treasury note rose 3 basis points to 4.228%.

• Bitcoin The stock fell 0.4% to $95,467.89.

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