Reported 6 months ago
US stocks saw little change around record highs with the S&P 500 and Dow Jones nearly flat, and the Nasdaq Composite dipping slightly. After a rally that pushed the Nasdaq to an all-time high, stocks took a break as Nvidia shares fell, impacting its market cap. Investors are eyeing the upcoming May jobs report with expectations of 185,000 new nonfarm payrolls and steady unemployment rate at 3.9%, amid signs of a cooling labor market. Additionally, oil prices rose while Lululemon's stock climbed on an improved profit outlook and share buybacks.
Source: YAHOO