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The Dow Jones closed about 200 points ahead of the jobs report

Most US stock indexes fell by close of business on Thursday, December 1, in light of tight anticipation of the monthly US jobs report.

US Federal Reserve chief Jerome Powell said on Wednesday that the Fed could start cutting interest rates soon, perhaps at its current December meeting. ‏

Investors are awaiting the next monthly jobs report, out on Friday, to learn the direction of the Fed regarding its monetary policy.

Analysts had expected the US economy to add 200,000 jobs in November, after adding 261,000 the previous October.

At the close of the session, the DowJones was down 0.56%, or about 194.76 points, to 34,395 points, and the S&P 500 was down 0.09%, to 4,076.57 points, while the Nasdaq was up by 0.13% to 11482.45 points.

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