WALL STREET SEES NO CHANGE BEFORE JOBS REPORT
With a jobs report set to be released on Friday, investors are holding off on any high risk investments. As a result, Wall Street remained flat in early trading. With the health of the economy in question, this latest report of how hiring went in the last month will be crucial to determine the stability of the market in coming weeks. Furthermore, the jobs report will provide further indication as to whether or not the Federal Reserve Bank will implement an interest rate hike. Tony Bedikian, head of global markets at Citizens Bank, said that Friday would be about consolidation.