Service Industry Jobs Report Released; Stocks End Mixed
The service industry jobs report was released today and shared good news. Despite the government shutdown, service firms displayed an increase in sales positions and an increase in hiring overall. Even with the positive service jobs report the stocks ended with mixed reviews. The Dow and S&P finished down while Nasdaq finished with only slight gains. The housing market is constantly changing and is now enabling lenders to offer loans for down payments low as 5%. Kmart, who is owned by Sears (SHLD), announced today that they plan on opening their stores up at 6 a.m. on Thanksgiving morning and are going to remain open for 41 hours straight.
Word on the Street
- Tech stocks unveil a mixed results day; AOL (AOL), Pandora (P)
- How will October's job report change the market?
- U.S. service sector grew more than expected in October.
- Kellogg (K) to minimize global workforce by 2017.
- Does SAC's $1.8 billion penalty send a strong enough message?
- The sun shines again on First Solar (FSLR).
Published on Nov 5, 2013By InvestorGuide Staff