Wall St subdued after jobs report fuels rate-hike bets
[NEW YORK] Wall Street’s main indexes were muted at the open on Friday (Sep 4) after a stronger-than-expected jobs reading prompted investors...
Wall Street's major stock indexes opened lower on Friday (Sep 4) following a more robust-than-anticipated jobs report, intensifying expectations that the Federal Reserve might raise interest rates this month. The Dow Jones Industrial Average slipped 101.2 points, or 0.19 percent, to 53,584.89 at the opening bell. Conversely, the S&P 500 climbed 2.5 points, or 0.03 percent, to 7,750.19, while the Nasdaq Composite edged up 3.8 points, or 0.01 percent, to 26,587.896.
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