US stock markets steadied after notching new records on Tuesday, as investors looked ahead to Friday’s jobs data and kept a watchful eye on the spread of the contagious Delta variant of the coronavirus.
The blue-chip S&P 500 closed flat and the technology-focused Nasdaq Composite inched 0.2 per cent higher after both indices hit new all-time highs.
Among the most closely watched releases this week will be the US non-farm payrolls data on Friday, which is expected to show American employers adding close to 700,000 jobs in May, up from 559,000 in the previous month.
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