Market Recap 3rd April 2014 Showdown

By Markus Heitkoetter

It was a showdown, actually more like a BORING showdown, between the bulls and the bears today as the markets ended the day flat ahead of tomorrow’s Jobs Report.

The S&P finished the day 2 points lower after making new all-time highs in early morning trading. After joining the S&P with new all-time highs, the DOW retreated and ended the day unchanged. Now the DOW needs 5 points in order to break into positive territory for the year.

Can tomorrow’s 8:30am Jobs Report be the catalyst that pushes the DOW higher?

At first glance it might look like Google Inc. (GOOG) suffered a 50% slide today on some charts, but instead it was a stock split. In an effort to get more control of the company, founders Sergey Brin and Larry Page completed a plan that split Google stock into Google Class A shares (GOOGL) and Google Class C non-voting shares (GOOG).


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