Stock Market Today: S&P 500, Nasdaq End at Record Highs Ahead of July 4th

Wednesday's abbreviated session was jam-packed with news, including labor market updates and Southwest Airlines' "poison pill."

closeup of black stock market chart with red and green bars
(Image credit: Getty Images)

The main indexes were choppy in Wednesday's abbreviated session. Although volume was thin ahead of tomorrow's stock market holiday, there were plenty of headlines to sift through for those who stuck around.  

Jobs data dominated the economic headlines. For one, the Labor Department said initial jobless claims rose by a more-than-expected 4,000 last week to 234,000. 

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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.