Wall Street froze (at the top) on the eve of the release of the NFP (employment figures).
The S&P500 spent 95% of the session between 5,340 and 5,360 before ending down -0.02% at 5,355.

Volatility was completely crushed in the wake of a euphoric session.... but optimists will remember that the S&P set a new all-time record at 5,362Pts (around 3.45pm) and held on to the previous day's gains.

A record-breaking session for the Nasdaq too, which climbed to a new high of 17.208Pts and ended down less than 0.1% at 17,171, while the Nasdaq-100 fell back -0.09% (to 19,018) but held on to 19,000Pts, after setting a new all-time high at 19,053Pts.
These 3 indices would easily have closed in the green had it not been for Nvidia's -1.2% decline (to $1.210)... which nevertheless set a new record at $1,255 shortly after the opening.

Its decline was not offset by Amazon's +2.1%, or Tesla's +1.7%, the 2 stocks with the strongest bullish impact on Thursday.
Also of note were gains by Illumina +7.4%, Zscaler +2.5%, ASML +1.1%.

The Nasdaq-100 was held back by Super Microcomputer -3.1%, On Semi -2.8%, Micron -2.7%, Marvell Techno -2.4%, Western Digital -2.2%.

The lack of movement on stock indices was mirrored on bonds, which also froze: the 10-year ended perfectly unchanged at 4.285%, after oscillating between 4.31% and 4.275%.

The 'US figure of the day' did not serve as a precursor to the 'NFP': the Labor Department announced that 229,000 new US jobless claims were registered in the week to May 27, up by 8,000 on the previous week, which was revised upwards from 219,000 to 221,000.

The four-week moving average - more representative of the underlying trend - came in at 222,250, down an anecdotal 750 on the previous week.

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