Stock market today: World stocks are mixed ahead of key U.S. jobs data

An electronic stock board shows Japan's Nikkei 225 index outside a securities firm Friday, June 7, 2024 in Tokyo. – World stocks were mixed Friday after a steady Thursday on Wall Street as markets anticipated the release of key U.S. payrolls data later in the day.Recommended Videosfrom a record high of 4% on Thursday, leaving uncertainties for the policy's next move. France’s CAC 40 dropped 0.4% to 8,006.66, and Germany’s DAX slipped 0.4% to 18,571.98. Britain’s FTSE 100 shed 0.

Hong Kong’s Hang Seng index declined 0.6% to 18,366.95, while the Shanghai Composite index was up 0.1% at 3,051.28 as China trade data showed that exports in May rose faster than expected at 7.6% compared to a year earlier, while imports were weaker than market forecasts.The S&P 500 barely budged on Thursday, a day after leaping to a record high for the 25th time this year. It dipped less than 0.1% to 5,352.96. The Dow Jones Industrial Average added 0.2% to 38,886.

Stock for another retailer, Five Below, fell 10.6%. Its profit and revenue last quarter fell short of analysts’ expectations, and CEO Joel Anderson said struggles for the company’s core lower-income customers dragged on results, even as it saw strong growth from higher-income customers. Another factor that’s helped U.S. consumer spending stay so strong has been a remarkably solid job market. A report on Thursday showed some potential softening there as well.

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