The Business Times

US: Wall St falls at open as private payrolls beat estimates

    • The S&P 500 opened lower by 11.44 points, or 0.22 per cent, at 5,194.37, while the Nasdaq Composite dropped 61.65 points, or 0.38 per cent, to 16,178.80 at the opening bell.
    • The S&P 500 opened lower by 11.44 points, or 0.22 per cent, at 5,194.37, while the Nasdaq Composite dropped 61.65 points, or 0.38 per cent, to 16,178.80 at the opening bell. PHOTO: AFP
    Published Wed, Apr 3, 2024 · 09:45 PM

    WALL Street’s main indexes opened lower on Wednesday (Apr 3), as strong private payrolls data fanned fears of fewer-than-expected interest rate cuts by the Federal Reserve this year.

    The Dow Jones Industrial Average fell 30.65 points, or 0.08 per cent, at the open to 39,139.59.

    The S&P 500 opened lower by 11.44 points, or 0.22 per cent, at 5,194.37, while the Nasdaq Composite dropped 61.65 points, or 0.38 per cent, to 16,178.80 at the opening bell. REUTERS

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