U.S. stock indices experienced a decline as they edged away from their record highs ahead of a significant jobs report expected on Friday.

On Thursday, the S&P 500 dipped by 0.2% after achieving a new all-time high the previous day, marking the 56th time it has done so this year. The Dow Jones Industrial Average saw a larger decrease, falling by 0.6%, while the Nasdaq composite also slipped 0.2%.

In contrast, the cryptocurrency market showcased considerable volatility, with Bitcoin reaching a peak of over $103,000 before correcting back to around $99,000. This surge is attributed to optimistic sentiments regarding President-elect Donald Trump and his potential favorable stance towards cryptocurrency. Airline stocks performed well, and Treasury yields remained largely stable in the bond market.

On Thursday’s trading session:
– The S&P 500 dropped 11.38 points, or 0.2%, closing at 6,075.11.
– The Dow Jones Industrial Average decreased by 248.33 points, or 0.6%, ending at 44,765.71.
– The Nasdaq composite retreated by 34.86 points, or 0.2%, reaching 19,700.26.
– The Russell 2000 index, which tracks smaller companies, fell by 30.39 points, or 1.3%, to close at 2,396.17.
During the current week, the performance of major indices has varied:
– The S&P 500 has gained 42.73 points, or 0.7%.
– The Dow has dropped 144.94 points, or 0.3%.
– The Nasdaq has risen by 482.09 points, or 2.5%.
– The Russell 2000 has decreased by 38.56 points, or 1.6%.
Looking at the yearly performance, the results are as follows:
– The S&P 500 has increased by 1,305.28 points, or 27.4%.
– The Dow has risen 7,076.17 points, or 18.8%.
– The Nasdaq gained 4,688.91 points, or 31.2%.
– The Russell 2000 index is up 369.10 points, or 18.2%.