Shares of industrial and transportation companies were more or less flat as traders hedged their bets on the outlook for inflation and U.S. economic growth.
Traders are still poring over Friday's jobs report for Federal Reserve policy implications.
"One area that still appears to be out of balance is the jobs market," said Brent Schutte, chief investment officer at money manager Northwestern Mutual Wealth Management.
"In the labor market at least, there's hot demand and not enough supply. The Fed is attempting to squeeze that just a bit," he added.
Singapore conglomerate Sembcorp Industries rose after the company struck a deal to sell its coal business in India for about $1.5 billion.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
09-06-22 1707ET
