Stock Market Today: Stocks Close Lower After June Jobs Report

Friday marked a choppy session for stocks as investors mulled over a mixed June jobs report.

stock market bar chart showing up and down price action
(Image credit: Getty Images)

Stocks struggled to find direction after this morning's release of the June jobs report, which gave a mixed picture on the labor market. 

While jobs growth was the smallest since December 2020, steady wage growth and a historically low unemployment rate opens the door to another rate hike at the next Fed meeting.  

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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.