Wall Street flat as Investors look to jobs Data

Wall Street stocks ended little changed on Thursday as investors kept to the sidelines ahead of Friday's US payrolls report for July. The monthly hiring data will help investors gauge the health of the economy and possibly offer insight as to when the Federal Reserve will raise interest rates again.Get live Indian Stock Market News Updates visit us : http://www.ripplesadvisory.com/aboutus.php  or Get Two Days Free Trial just on One Missed Call @98-27-80-80-90

 

"Folks would probably prefer to wait on those numbers before they make a commitment in front of them," said Gary Bradshaw, portfolio manager at Hodges Capital Management in Dallas. "It’s probably dampening the market enthusiasm today." 

 

Wednesday's ADP employment report showed private employers added 9,000 more jobs than anticipated in July. Thursday's initial jobless claims reading showed the number of Americans filing for unemployment benefits unexpectedly rose last week, but still showed a healthy labour market.