As investors await Friday’s monthly jobs report for July, US stocks held pretty steady, though oil prices rose slightly.
The Dow Jones Industrial Average climbed four points, less than 0.1%, to 18,317 when the markets opened this morning—a small but noteworthy rise considering Tuesday Dow industrials fell by 1.4% for the seventh straight session. The S&P 500 was up less than 0.1% as well, as was the Nasdaq Composite, the Wall Street Journal reports.
Though the decline in oil prices continues to cause concern—energy shares fell 2.4% this week in the S&P 500—oil prices rose this morning by 0.9% to $39.87 a barrel. Investors will continue to watch the economy closely following the jobs report coming this week. [WSJ]
