NEW YORK (TheStreet) -- It was a mixed finish for stocks Wednesday as investors pondered a disappointing private-sector employment report ahead of Friday's official April jobs data.
The Dow Jones Industrial Average dipped 11 points, or 0.1%, to close at 13,268. The blue-chip index was in negative territory all day but did manage a healthy bounce off a session low of 13,192. On Tuesday, the Dow hit a high of 13,359.60, its best level since late 2007.
The S&P 500 slipped nearly 4 points, or 0.2%, to settle at 1402, trading in a rough range of 11 points.
The Nasdaq added 9 points, or 0.3%, to close at nearly 3060 after running as low as 3029 earlier in the session."People sometimes react emotionally instead of cerebrally [to economic reports]," says Joseph Montero, partner at WeiserMazars. "After the shock value of a report comes out, they sort it out and come back to normal."
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