Closing Bell: Kate Spade Slumps; Dow Snaps Seven-Day Losing Streak

The Dow Jones Industrial Average snapped a seven-day losing streak with only slight gains as traders appeared hesitant ahead of Friday's jobs report. A commodity rally brought oil back from nearly four-month lows and energized oil names. The Federal Reserve leveled a $36.3 million civil penalty against Goldman Sachs  (GS) - Get Report on Wednesday for the unauthorized use of confidential information. The charges centered on a former associate who had previously admitted to obtaining documents by illegal means. Kate Spade (KATE) slumped after missing earnings estimates and cutting its forecasts. The retailer acknowledged the disappointing quarter, noting that spending among tourists had weakened. Office Depot (ODP) - Get Report announced plans to close hundreds of stores in the wake of its failed merger with Staples (SPLS) . The office supplies chain intends to close 300 locations over the next three years. TheStreet's Keris Lahiff reports from Wall Street.