Friday, 7 June 2024 03:07 WIB | MARKET UPDATE |DOW JONESS & P 500Saham ASUS Stocks

The S&P 500 was little changed on Thursday, taking a pause after reaching a record, while traders awaited a key U.S. economic report.

The broad market index ticked down 0.08% after hitting an all-time intraday high earlier in the day. The Dow Jones Industrial Average rose 73 points. The Nasdaq Composite  traded 0.1% lower.

Lululemon jumped 4% as the sportswear manufacturer beat expectations in its fiscal first quarter. Five Below sank 11% on lackluster results and guidance. Chipmaker Nvidia traded 2% lower and cooled from record highs seen earlier in the week.

Wall Street is looking ahead to Friday’s nonfarm payrolls report for May, with investors on the hunt for signs of a weakening labor market, which could support rate cuts from the Federal Reserve. Economists polled by Dow Jones expect a jobs gain of 190,000.

Source : CNBC