Stock Market Today: Stocks Struggle After May Jobs Report
GMEGameStop(GME) Kiplinger.com·2024-06-08 04:09

Stocks traded in both positive and negative territory Friday as investors weighed an onslaught of headlines, including a hotter-than-expected jobs report and a Roaring Kitty livestream. Ultimately, the main indexes closed lower as folks looked ahead to next week's Fed meeting and key inflation update. Ahead of the open, the Bureau of Labor Statistics said the U.S. added 272,000 new jobs in May, exceeding economists' estimate for 180,000. The data also showed the unemployment rate rose to 4.0% (3.96% on an u ...