You are here

US: Wall St opens lower after 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 lower on Friday after data showed steady job growth in July, increasing the chances Federal Reserve will raise interest rates in September.

The Dow Jones industrial average fell 30.64 points, or 0.18 per cent, to 17,389.11, the S&P 500 lost 2.93 points, or 0.14 per cent, to 2,080.63 and the Nasdaq composite dropped 13.94 points, or 0.28 per cent, to 5,042.50.

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