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December 2, 2022

Stocks mixed in an uneven start for December

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

A day of wobbly trading on Wall Street ended Thursday with a mixed finish for stocks and bond yields broadly lower after the government reported that a measure of inflation that's closely watched by the Federal Reserve eased in October.

The muted action came as traders looked ahead to a closely watched monthly report on the job market due out Friday that will show how the labor market is holding up and how that may influence what the Fed does next in its bid to cool inflation.


 
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