Stocks Make Small Gain ahead of Jobs Numbers (Bloomberg)
Retailers slumped today, though stocks remained little changed, managing only a small increase today as investors wait for tomorrow’s jobs numbers. “You could be seeing some anticipation that the jobs number tomorrow could be really high,” Walter Todd, chief investment officer of Greenwood Capital Associates LLC in Greenwood, South Carolina, said. “That could change the timetable for the Fed’s ultimate exit from quantitative easing.”
