You are here

US: Wall St opens higher after private jobs data

NYSEREUTERS0606.jpg
US stocks fell in opening trade Monday, kicking off a week that includes earnings from Wal-Mart Stores and the release of Federal Reserve meeting minutes.

[NEW YORK] US stocks opened higher on Wednesday after data showed private sector hiring in July rose the least since April, increasing the chances of the US Federal Reserve holding back on a rate hike until December.

The Dow Jones industrial average rose 6.89 points, or 0.04 per cent, to 17,557.58, the S&P 500 gained 8.02 points, or 0.38 per cent, to 2,101.34 and the Nasdaq composite added 27.75 points, or 0.54 per cent, to 5,133.29.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom