Stocks Flat On Eve Of Jobs Report
(MENAFN- Baystreet.ca) Stocks Flat on Eve of Jobs Report
The Dow Jones Industrials slipped Thursday as investors wait for new economic data on the labor market that will give further information about a potential U.S. recession.
The 30-stock index took a step backward from Wednesday's monster gains, losing 23.54 points first thing Thursday morning to 32,788.96
The S&P 500 captured 5.79 points to 4,160.96,
The NASDAQ Composite gathered 38.03 points to 12,706.19.
Investors will get another batch of earnings on Thursday. Virgin Galactic, AMC Entertainment and Beyond Meat are scheduled to report after the bell.
Next, all eyes are on the July nonfarm payrolls report schedule to be released Friday. The report will show whether the strength of the U.S. job market.
Treasury prices gained ground Thursday, lowering yields to 2.67%, from Wednesday's 2.71%. Treasury prices and yields move in opposite directions.
Oil prices doffed 89 cents to $89.77 U.S. a barrel.
Gold prices powered ahead $21.60 to $1,798.00 U.S. an ounce.
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