US: S&P 500, Nasdaq open lower after robust jobs data
Add BT as a preferred source
THE benchmark S&P 500 and the Nasdaq opened lower on Thursday (Jan 4) after a stronger-than-expected private payrolls report indicated resilience in the labour market, tempering expectations on how early interest-rate cuts could begin.
The S&P 500 opened lower by 5.27 points, or 0.11 per cent, at 4,698.72, while the Nasdaq Composite dropped 47.98 points, or 0.31 per cent, to 14,545.23 at the opening bell.
The Dow Jones Industrial Average rose 51.2 points, or 0.18 per cent, at the open to 37,498.28. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Allow flexibility on 10-year minimum occupation period for homeowners with sufficient deterrents
Keppel’s M1 sale stalls as IMDA probes alleged spectrum breaches by Simba
