[Dow Jones] ahead of U.S. jobs data due to increasingly cautious investors, the Australian stock market pared earlier gains and 4, the basic income level, bank stocks were mixed.
YORK Sept. 4 report, the Australian stock market 4 to erase the gains recorded earlier in order to close the basic flat plate, due to be announced later in the U.S. employment data will give the speed of economic recovery in the United States clue, before investors become more cautious.
benchmark S & P / ASX 200 index closed up 5.9http://www.muma16.cn points to 4,435.5 points, or 0.1%.
higher U.S. stocks overnight and the base metal and gold prices drive the broader market rose strongly across the board earlier. But traders in the afternoon to push down the stock, because the United States on Sept. 7 will mark the Labor Day (LaborDay) holiday.
Australia four major banks ended mixed, Commonwealth Bank of Australia (CommonwealthBank) rose 1.6%; Australia Bank (NationalAustralia Bank) fell 1.6%; Western Pacific Bank (WestpacBanking Corp.) rose 0.4%; ANZ Bank ( ANZBanking Group) rose 0.1%.