The Business Times
business-time-50

Wall St opens muted after AI-driven rally; labour data in focus

Summarise
google-preferred-sourceAdd BT as a preferred source
Published Wed, Jan 7, 2026 · 10:43 PM
    • The S&P 500 fell 0.3 points at the open to 6,945.07​, while the Nasdaq Composite dropped 2.3 points, or 0.01 per cent, to 23,544.894 at the opening bell.
    • The S&P 500 fell 0.3 points at the open to 6,945.07​, while the Nasdaq Composite dropped 2.3 points, or 0.01 per cent, to 23,544.894 at the opening bell. PHOTO: REUTERS

    [NEW YORK] Wall Street’s main indexes opened muted on Wednesday (Jan 7), as investors took a breather after an AI-driven rally in the previous session, while awaiting a labour market report due later in the day.

    The Dow Jones Industrial Average rose 50.6 points, or 0.10 per cent, at the open to 49,512.72.

    The S&P 500 fell 0.3 points at the open to 6,945.07​, while the Nasdaq Composite dropped 2.3 points, or 0.01 per cent, to 23,544.894 at the opening bell. 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.

    Dow JonesNasdaqS&P 500

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    UOB group chief financial officer Leong Yung Chee (left) and AllianzGI CEO Tobias Pross at the signing of the strategic distribution partnership.

    UOB to sell asset management arm to Allianz Global Investors for S$555 million, sharpen wealth advisory focus

    Grant Wee built Hideaway as a massage-and-bathhouse concept centred on solitude and recovery.

    UOB CEO’s youngest child Grant Wee turns burnout into a wellness business

    Out of the 18,000 fresh graduates, 9,100 have found employment and 5,400 are outside the labour force, mainly for voluntary reasons.

    1 in 5 fresh graduates from autonomous universities still seeking employment: MOM

    Yeoh Pei Xien is the youngest grandchild of Yeoh Tiong Lay, who founded Malaysian multinational conglomerate YTL Corporation.

    Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More