Wall Street Finished Mixed On Thursday

U.S. stock indexes finished mixed after Wall Street initially opened higher but then retraced following the release of U.S. jobless data. The jobs report drove short-term caution, preventing a sustained upside move into the close. Overall read-through is modestly negative/uncertain given the initial rally fading on the data.

Analysis

U.S. stock indexes finished mixed after Wall Street initially opened higher but then retraced following the release of U.S. jobless data. The jobs report drove short-term caution, preventing a sustained upside move into the close. Overall read-through is modestly negative/uncertain given the initial rally fading on the data.