American stocks slide while Wall Street makes their final moves before Friday’s report on Friday

New York (AP) – American stocks were drifted to a decrease on Thursday, as financial markets were imprisoned in their final moves before a very expected update on Friday about the labor market in the United States.

S&P 500 decreased by 0.5 % for the first time in four days. after Running through May and Assembly Within a few good days of gains from its highest levels ever, the indicator has lost in the midst of many 401 (K) accounts.

The Dow Jones industrial average decreased 108 points, or 0.3 %, and the boat drowns on the Nasdaq Stock Exchange by 0.8 %.

The trading activity in market options indicates that investors believe that the next big step for the S&P 500 can come on Friday, when the US Department of Labor will transform the number of jobs established by American employers that were created during the month of May. The expectation of Wall Street is a slowdown in April employment.

The flexible labor market was one of Linchpins, which supports the American economy, and anxiety is that every state of uncertainty that was created by President Donald Trump’s tariff in a row Companies can pay to freeze their employment.

A report on Thursday said More American workers apply for unemployment benefits Last week, what economists expected. The number is still relatively low compared to date, but it still reaches its highest level in eight months.

The data came, as said by Pampers and Cascade Dish, it will do Reducing up to 7000 jobs During the next two years. Its shares decreased 1.9 %.

The weight of the day was the heaviest in the market Tesla, which fell 14.3 %. It has lost nearly 30 % of its value so far this year as the relationship of CEO Elon Musk with Trump Acidity Amid disagreement The President’s Signing Bill Tax discounts and spending.

Brown Foreman, the company behind Jacques Daniel and Woodford Reserve, decreased by 17.9 % for the worst day since it started trading in 1972.

Her profits and revenues have decreased for the last quarter of Wall Street’s expectations, and the company said that it expects its next financial year to be a challenge due to “consumer uncertainty, the potential impact of the unknown tariff” and other things.

PVH CEO, which runs Calvin Klein and Tommy Hilfiger, was martyred with challenges from “consumer background and increasingly macroeconomic”.

His share decreased by 18 %, although he was reported to be stronger revenues and profit for the last quarter of what analysts expected. The company has reduced its profit expectations for the full fiscal year, saying it is likely to be able to compensate for some potential strikes only due to the definitions.