Dow Jones: 20,858.19; +2.46; +0.01%
S&P 500: 2,364.87; +1.89; +0.08%
Nasdaq: 5,838.81; +1.25; +0.02%
• The Dow Jones climbed just 0.01% after a lackluster round of economic data. Markets are largely taking a wait-and-see approach on the timing of the next interest rate hike.
Chair Janet Yellen said last week that the only potential roadblock to a rate hike this month would be a weak February jobs report. Although weekly jobless claims increased last week, it was still the 105th consecutive week that the number of Americans seeking unemployment benefits remained below 300,000. Investors will now turn their attention to the February jobs report, which will be released tomorrow morning by the U.S. Labor Department.
• Asian stocks edged up and the dollar rose to 1-1/2-month highs versus the yen on Friday ahead of the U.S. non-farm payrolls report due later in the day.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.1 percent, taking cues from a modest bounce in Wall Street overnight.
Reference: Reuters
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