The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite posted fell on Thursday.
- The Dow Jones Industrial Average fell 23.34 points or 0.07 percent, to close at 34,577.04.
- The S&P 500 fell 0.36 percent to close at 4,192.85.
- The Nasdaq Composite fell 1.03 percent to close at 13,614.51.
“While the supply of labor is definitely an issue relative to the high level of job openings, I wouldn’t be surprised to see an upside figure relative to expectations just as the April figure so badly missed,” Bleakley Advisory Group chief investment officer Peter Boockvar said. “Key also will be the wage component as we hear almost every day the need of companies to pay up for workers. Now we get to see to what extent.”
On Friday keep an eye out for:
- May jobs report
- Garmin, Citrix, and others are reporting earnings.