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Market Open: Stocks Lower, ADP Says Fewer Jobs Created In December, Insurance Industry Monitoring LA Wildfires 1/8/25

CNBC Business News Update

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Job Market Resilience Amid Wildfires and Economic Updates

This chapter examines the recent job market report, detailing a decline in job creation contrasted with a drop in unemployment claims. It also highlights the effects of wildfires in Los Angeles, along with updates on mortgage rates, a popular Netflix show, and the launch of the Girl Scout cookie season.

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