Advertisement
Singapore markets open in 7 hours 8 minutes
  • Straits Times Index

    3,144.76
    -38.85 (-1.22%)
     
  • S&P 500

    5,044.33
    -17.49 (-0.35%)
     
  • Dow

    37,750.58
    +15.47 (+0.04%)
     
  • Nasdaq

    15,844.03
    -40.99 (-0.26%)
     
  • Bitcoin USD

    62,500.88
    -1,021.48 (-1.61%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,820.36
    -145.17 (-1.82%)
     
  • Gold

    2,404.80
    +21.80 (+0.91%)
     
  • Crude Oil

    85.34
    -0.07 (-0.08%)
     
  • 10-Yr Bond

    4.6840
    +0.0560 (+1.21%)
     
  • Nikkei

    38,471.20
    -761.60 (-1.94%)
     
  • Hang Seng

    16,248.97
    -351.49 (-2.12%)
     
  • FTSE Bursa Malaysia

    1,535.00
    -7.53 (-0.49%)
     
  • Jakarta Composite Index

    7,164.81
    -122.07 (-1.68%)
     
  • PSE Index

    6,404.97
    -157.46 (-2.40%)
     

Stocks close higher, Dollar General & Macy's results, jobs report in focus: Top stories

The major stock indexes closed higher Thursday despite some disappointing news on the consumer from Macy's and Dollar General. On Friday, all eyes will be on the May jobs report. Economists are expecting 195,000 jobs were added last month.

Video transcript

- Closing time here at Yahoo Finance, here's a look at some of the top stories of the day. Optimism on Wall Street after the House passed the debt ceiling bill. Investors taking off June to the upside. The Dow closing higher by half of 1%. The S&P 500 was up just shy of 1%. And no surprise here, the NASDAQ was the top performer-- performer of the day.

But now the debt ceiling deal may face a delay in the Senate as some senators call for more defense spending.

ADVERTISEMENT

SEANA SMITH: Some of the top movers of the day were in retail. Dollar General down nearly 20%. The company missing estimates and slashing its guidance. On the flip side, Macy's shares closed the day, higher earnings beat expectations. But the outlook did come in below the Street's expectations.

And the focus for Wall Street tomorrow, the May jobs report. The expectation is for 195,000 jobs added in the unemployment rate to edge higher at 3.5%. It will be closely watched, especially ahead of the Fed decision later this month.

SEANA SMITH: Certainly, we'll have that for you live right here at Yahoo Finance, 8:30 AM Eastern time.