Oil Prices Sink To $55, Lowest In Nearly 5 Years: What's Moving Markets Tuesday?

Market Overview - Wall Street showed mixed signals with nonfarm payrolls rising by 64,000 in November, exceeding expectations of 50,000, while the unemployment rate increased to 4.6%, the highest since September 2021 [1][2] - The Nasdaq 100 increased by 0.2% to 25,121, while the Dow Jones and S&P 500 experienced slight declines of 0.2% and 0.1% respectively [3][6] - Small-cap stocks underperformed, with the Russell 2000 dropping 0.6%, marking a third consecutive session of losses [3][6] Sector Performance - Energy stocks continued to decline, falling 2.2% on the day, lagging behind the broader market [5] - Oil prices fell to $55 per barrel, down 2.2%, reaching the lowest levels since January 2021, amid expectations of a potential resolution in the Ukraine war that could ease restrictions on Russian oil exports [4] - In commodities, gold remained stable at $4,300 per ounce, while silver decreased by 0.6% to $62 per ounce [5] Notable Stocks - Affirm Holdings Inc. saw a significant increase in shares, rising by 10.48% [8][9] - The top gainers in the Russell 1000 included Circle Internet Group Inc. (+9.07%), RH (+6.82%), and Cognex Corporation (+5.20%) [9] - Conversely, the top laggards included Corcept Therapeutics Inc. (-8.19%), Amkor Technology Inc. (-7.64%), and Booz Allen Hamilton Holding Corp. (-6.35%) [10]