Wall Street struggles for direction as slowdown worries weigh

Wall Street struggles for direction as slowdown worries weigh

By Sruthi Shankar and Medha Singh
(Reuters) – Wall Street’s main indexes wobbled on Thursday as gains in high-growth stocks offset losses in energy shares, with investors looking ahead to monthly jobs report for clues on the pace of interest rate hikes by the Federal Reserve.
The tech-heavy Nasdaq hovered near a three-month high that it hit in the previous session, led by Amazon.com Inc and Advanced Micro Devices, while losses in Apple Inc and energy stocks weighed on the S&P 500.
Worries about the global outlook sent oil prices to their lowest since before Russia’s February invasion of Ukraine and U.