US: Wall St falls at open after jobs data; Treasury yields spike

WALL Street’s main indexes fell at the open on Friday (Oct 6) after a strong jobs report deepened fears that interest rates may stay elevated for an extended period.

The Dow Jones Industrial Average fell 78.87 points, or 0.24 per cent, at the open to 33,040.70.

The S&P 500 opened lower by 23.40 points, or 0.55 per cent, at 4,234.79, while the Nasdaq Composite dropped 92.16 points, or 0.70 per cent, to 13,127.68 at the opening bell. REUTERS