US STOCKS-Wall St flat as investors hold off ahead of jobs data

jueves 4 de agosto de 2016 12:45 GYT
 

* BoE cuts lending rate to record low

* Monthly U.S. jobs data expected on Friday

* Metlife drops on profit miss

* Indexes up: Dow 0.01 pct, S&P 0.1 pct, Nasdaq 0.18 pct (Updates to early afternoon)

By Yashaswini Swamynathan

Aug 4 (Reuters) - Wall Street was little changed on Thursday as investors were wary of making big bets ahead of Friday's payrolls report.

The crucial monthly hiring data will help investors gauge the health of the economy and offer clues about when the Federal Reserve could pull the trigger on rates.

"Today is more of a consolidation of positions. Perhaps taking some chips off the table ahead of tomorrow's jobs number," said Tony Bedikian, head of global markets at Citizens Bank.

"The Fed would perhaps need one more strong payroll number before it makes a move."   Continuación...