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

The stock market is feeling the sting of a downturn, primarily due to comments from NVIDIA's CEO about quantum computing. Meanwhile, the job market reveals a paradox with fewer jobs created but a decline in unemployment claims. Wildfires in Los Angeles are impacting local economies and insurance concerns. Plus, there's talk about mortgage rates and the excitement surrounding the Girl Scout cookie season. Stay tuned for insights on how these events intertwine with your financial landscape.