US STOCKS-Wall St flat ahead of April jobs report; retailers fall

jueves 5 de mayo de 2016 16:35 GYT

* Weekly jobless claims rise more than expected

* Tesla reverses premarket gains, falls 4.5 pct

* Indexes: Dow up 0.1 pct, S&P down 0.02 pct, Nasdaq down 0.2 pct (Updates to close)

By Caroline Valetkevitch

May 5 (Reuters) - U.S. stocks gave up early gains to end flat on Thursday as consumer discretionary shares fell and investors showed caution ahead of the April jobs report.

Shares of Tesla fell 5 percent to $211.53 after analysts expressed doubts about the electric carmaker's ability to deliver vehicles ahead of schedule.

Retailers and other discretionary shares declined, with L Brands dropping 12 percent to $70.54 after posting lower-than-expected monthly comparable sales.

Data on Thursday showed the number of Americans filing for unemployment benefits rose more than expected last week, posting the biggest jump in more than a year.

Investors were anxiously awaiting Friday's U.S. jobs data for April. Investors will comb through the report for any signs of how the labor market could influence the pace of rate hikes.   Continuación...