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December 5, 2023

Wall Street loses ground ahead of key reports on the job market

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Wall Street gave back some of its recent gains Monday as stocks finished lower ahead of some key reports this week on the job market that might provide more insight into the Federal Reserve's thinking about interest rates.

The S&P 500 closed 0.5% lower. The benchmark index was coming off its best month in more than a year, and reached its highest level in more than a year on Friday.


 
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