Dow Jones Dips 300+ Points Post-Jobs Report; Tesla Boosts Nasdaq Recovery

Market
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CNBC TV18•17-12-2025, 04:49
Dow Jones Dips 300+ Points Post-Jobs Report; Tesla Boosts Nasdaq Recovery
- •Dow Jones fell over 300 points after the November jobs report, extending its weekly losses.
- •Nasdaq recovered, ending above the flat line, largely aided by Tesla shares reaching a record high.
- •US economy added 64,000 jobs in November, exceeding estimates, but the unemployment rate rose to 4.6%, a four-year high.
- •Economists suggest the jobs data won't significantly sway the Fed's January meeting, with a 75% chance of no rate cuts.
- •US crude oil prices dropped below $55 per barrel, a first since February 2021, amid supply concerns and potential Russia-Ukraine war resolution.
Why It Matters: Mixed market signals as Dow falls on jobs data, Nasdaq rises with Tesla, and oil prices drop.
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