Friday, September 06, 2013 5:27 pm
News Summary: Stocks flat despite weak jobs report
The Associated Press
MORE FED STIMULUS: The disappointing jobs report pushed the yield of the U.S. 10-year Treasury note down to 2.94 percent from Thursday's 3 percent, on speculation the Federal Reserve would continue buying bonds to prop up a slowing economy. Stocks closed mostly flat for the day.
TO THE MATTRESSES: Shares of retail chain Mattress Firm plunged 15 percent to $35.59 after the company reported a second-quarter profit that fell far below financial analysts' expectations.