VWO - Asia Mixed Europe Markets Dip While Crude Back At $75 - Global Markets Today While US Slept | Benzinga
On Thursday, June 6th, U.S. stock markets closed mixed. The S&P 500 and Nasdaq composite dipped marginally, retreating from their recent record highs in anticipation of a major labor report, while the Dow saw a slight increase. After reaching new intraday highs earlier, both indices fell as technology stocks declined.
According to the economic data, U.S. initial jobless claims rose to 229,000 last week, surpassing the expected 220,000. Meanwhile, the trade deficit widened to $74.6 billion in April from $68.6 billion in March.
The S&P 500 experienced declines due to the utilities and industrial sectors, but these were somewhat mitigated by gains in the consumer discretionary and energy sectors.
The ...