Grim Jobs Outlook Scatters Stocks

Stocks closed mixed for Wednesday's session, the Dow was the only one to recover from early morning losses, marking an 80-point win. The grim mood on Wall Street came just after the ADP employment report said private payrolls rose by 145,000 in March, significantly lower than expectations.

A more realistic taste of the disappointing job market did little to defer oil from correcting -- the commodity shifting lower after its four day Organization of the Petroleum Exporting Countries & Allies (OPEC+) surge. Investors look ahead to tomorrow, which will be the last trading day of the week due to the Good Friday holiday.

Closing Indexes Summary April 5

NYSE and Nasdaq Stats April 5

Unusual Options Activity April 5


GOLD, OIL SHIFT LOWER AFTER STRING OF WINS

Oil futures pulled back today, after securing four-straight days of wins. For the session, May-dated crude slipped 10 cents, or 0.1%, to close at $80.61 per barrel.

Gold settled lower despite its intraday surge to 13-month highs -- well above the $2,000 mark -- thanks to a weakening U.S. dollar. June-dated gold dropped $2.60 or 0.1%, to settle at $2,035.60.


More By This Author:

Stocks Mixed As Investors Continue To Weigh Jobs Data
Major Indexes Log String Of Losses; VIX Snaps Losing Streak
Stocks Turn Lower As Jobs Data Weighs

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