The U.S. stock market had mixed results last week, with growth stocks outperforming, while the Dow Jones Industrial Average posted a slight decline, indicating sector volatility.
Growth stocks, indicated by the Russell 1000 Growth Index, significantly outperformed value stocks by 5.53 percentage points, the largest since March 2023, showcasing a shift in investor sentiment.
The Labor Department reported 227,000 jobs were added in November, exceeding expectations, amid signs of worker confidence shown by 3.3 million Americans voluntarily quitting their jobs.
Fed's Christopher Waller hinted at a possible 0.25% rate cut if the economic data stays steady, highlighting the Fed's cautious approach to monetary policy adjustments.
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