Market Watch: Markets Mixed as Jobs Report Looms

Cinco de Mayo or May 5th commemorates the Mexican Army’s victory over French forces at the Battle of Puebla on May 5, 1862. However, there was no celebrating on Wall Street today as stocks finished with mixed results.  Atlanta Fed President Dennis Lockhart told CNBC’s “Closing Bell” that:

“He is “on the fence” on the possibility of a June rate hike, while optimistic the rest of the year will be much better than first-quarter U.S. growth. He added that the U.K. vote on whether or not to stay in the European Union is “a big unknown” and a consideration in U.S. policymaking.”

Meantime Investors anxiously awaited a key employment report due out tomorrow.  Check out more from CNBC below.

Here are the final numbers from Thursday, May 5th on Wall Street:

Dow Jones Industrial Average: 17,660.71  (+9.45 / +0.05 %)

NASDAQ: 4,717.09  (-8.55 / -0.18 %)

S&P 500: 2,050.63 (-0.49/ -0.02%)

Phil Cannella

Phil Cannella

As a partner with CBS Radio in Philadelphia, Phil Cannella reports on the issues most important to the American retiree.
Phil Cannella
- 21 hours ago
Phil Cannella
Phil Cannella

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