Stock Market Today: Stocks End Mixed Ahead of Jobs Day

A solid earnings report for MercadoLibre (MELI) kept the Nasdaq above water on Thursday.

blue stock chart with turquoise volume bars
(Image credit: Getty Images)

It was a choppy day of trading on Thursday as investors looked ahead to the market's next big catalyst: the July jobs report, which will be released tomorrow morning.

"The labor market is an extremely critical input in the debate around inflation and how many Fed rate hikes are needed to 'whip it' that has been driving markets," says Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company.

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.