Yelp Pauses Pursuit of Sale; Stocks Close Lower on Greece Uncertainty

On Thursday, stocks ended slightly lower ahead of the long holiday weekend (U.S. markets are closed Friday), on the heels of weak jobs numbers. The economy only added 223,000 jobs in June. The unemployment rate dropped to 5.3% from 5.5% in May. Average hourly wages remained unchanged during the month, but are higher by 2% over the past year. Meanwhile, investors are awaiting Sunday's referendum in Greece, where citizens will decide whether to accept the latest bailout package, which includes new austerity measures. Negotiations between the debt-laden nation and its creditors have been halted, at least until after Sunday's vote. Plus, Yelp (YELP) shares slumped 10.6%, after a Bloomberg report surfaced citing sources who said the company is no longer looking for a buyer, for now. The report said the search may resume should CEO Jeremy Stoppelman have a change of heart.