Stock market today: Dow, S&P 500 slip after key jobs data shows surprise rebound in openings
The S&P 500 ( ^GSPC) and the tech-heavy Nasdaq Composite ( ^IXIC) each opened close to the flat line, coming off fresh records for the two gauges. The Dow Jones Industrial Average ( ^DJI) ticked up about 0.1%.
Stock Market Today: Dow slips, as indexes trade near record highs
The Secaucus, N.J.-based company, parent to brands including Gymboree, Sugar & Jade and PJ Place, has been working on a turnaround since Saudi-based Mithaq Capital acquired a 54% controlling stake in February and ousted its longtime CEO.
In years when the S&P 500 hit at least 50 record highs, the index saw a median return of -6% the following year, NDR said.
1hon MSN
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