Stocks Little Changed After Mixed Economic News

From Nasdaq: 2024-06-06 11:44:02

Stock indexes today showed mixed performance, with the S&P 500 hitting a new high and the Dow Jones at a 1-week high. US economic news was Fed-friendly, with weekly jobless claims up and productivity stronger. However, the April trade deficit widened, impacting GDP. Bond yields rose after the ECB news. Overseas markets were mixed. Interest rates saw some pressure today. Nvidia, J M Smucker, United Airlines, and Lululemon were among the top stock movers. Earnings reports from Ciena, DocuSign, J M Smucker, Toro Co, and Vail Resorts were also noted.



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