US stock market closes mixed

US stock market closes mixed

Ralph Lauren shares plunge 12 percent

NEW YORK (AA) – U.S. stocks closed mostly lower Thursday as investors appear to be unnerved by President Donald Trump’s signals to Australia and Iran, and investors prepare for last month’s jobs report.

Trump reportedly had a contentious telephone with Australian Prime Minister Malcolm Trumbull that has the potential to develop into a wider rift.

The U.S. president also failed to rule out a military option against Iran after Tehran conduced a missile test.

The Dow and Nasdaq each lost six points to finish at 19,884 and 5,636 respectively.

The S&P added one point to close at 2,280.

Department store chain Macy's saw its stock rise 5 percent, while Ralph Lauren fell 12 percent after its CEO announced he was leaving the company.

The market will focus Friday on the country’s unemployment report.


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