Wall Street: Stocks Finish Mixed
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iStock/Thinkstock(NEW YORK) — Stocks finished mixed on Wednesday.
The Dow Jones Industrial Average closed down 31.75 points, ending the day at 16,880.36. The Nasdaq rose 20.20 points to 4,462.90, and the S&P 500 finished up 0.12 at 1,970.07.
Payroll processor ADP says hiring slowed a little in July but is continuing at a health pace — possibly enough to lower unemployment nationally. Numbers from the government will be released Friday.
Gross domestic product– a snapshot of all goods and services produced in the United States– rose at an annualized rate of 4% from April to June, the Commerce Department announced.
A study in the journal Administrative Science Quarterly says the best managers empower and encourage their teams and ask for feedback.
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