December 7, 2013
Wall Street flat after jobs data; Syria worries spur caution
US stocks closed little changed in choppy trade after labor market data removed some uncertainty about Federal Reserve policy, but concerns remained about possible military action by the West against Syria.
The Dow Jones industrial average .DJI fell 14.98 points or 0.1 percent, to 14,922.5, the S&P 500 .SPX gained 0.09 points or 0.01 percent, to 1,655.17 and the Nasdaq Composite .IXIC added 1.225 points or 0.03 percent, to 3,660.01.
European shares saw a tentative move lower with investors cautious before a US jobs report that could determine when the Federal Reserve starts scaling back its monetary stimulus.
The FTSEurofirst 300 was down 0.1 percent at 1,222.96 points having been trapped in a tight 5.6-point trading range in Friday's session. The euro zone's blue-chip Euro STOXX 50 was flat at 2,773.46 points.Meanwhile, Japan's Nikkei share average edged up for a fourth day in choppy trade on Thursday as investors awaited key events this week, including US jobs data and a
decision on Tokyo's bid to host the 2020 Summer Olympics, while the auto sector outperformed on the back of strong US auto sales.
The benchmark Nikkei added 0.1 percent to 14,064.82. It rose to a new four-week high of 14,156.50 earlier before briefly dipping into negative territory.