US midday market brief: S&P 500 rises 0.7% as jobs data lifts sentiment

Core Viewpoint - The S&P 500 index reached a new intraday record high, increasing by 0.7% following the release of December's employment report, which presented a mixed labor market scenario that alleviated recession concerns [1] Group 1 - The S&P 500 climbed to a fresh intraday record high, indicating strong market performance [1] - December's employment report revealed a mixed labor market, contributing to a reduction in recession fears [1]