Global Stocks Retreat from Highs Before US Jobs Report
Global stocks ended lower as chip gains faded and Brent crude rose above $100. Markets now await Friday's U.S. payrolls data amid shifting interest rate paths.
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United States stocks retreated from record highs on Thursday afternoon as the S&P 500 fell 0.4% and chipmakers reversed recent gains. The decline follows a period of record-setting performance for global equities and tech-heavy indices. Investors are shifting focus toward labor market resilience and geopolitical risks ahead of Friday's payroll data.
