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Wall Street dips as investors wary before jobs data

Started by riky, April 04, 2014, 09:00:21 AM

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riky

Wall Street dips as investors wary before jobs data

<p><a href="http://news.yahoo.com/stock-futures-little-changed-ahead-initial-claims-data-113927410--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/X11rnwbGTaHHdIJHgerNSw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-03T153858Z_1_CBREA3217H200_RTROPTP_2_MARKETS-USA-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks slipped on Thursday, as investors turned cautious ahead of Friday's monthly jobs report, while a drop in biotech and momentum shares dragged the Nasdaq down nearly 1 percent. The Dow ended down just a fraction of a point, within about 4 points of its record closing high of 16,576.66 set on December 31. The Dow posted an all-time intraday high during the session. It's not just going to have one good year and be done,&quot; said Randy Warren, chief investment officer of Warren Financial Service in Exton, Pennsylvania.</p><br clear="all"/>

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