You are here

US: Wall St slips at open as monthly private payrolls disappoint

AK_usstocks_0212.jpg

[NEW YORK] The S&P 500 and the Nasdaq dipped on Wednesday from record levels as data showing fewer-than-expected private job additions in November added to concerns about the near-term pressure on the economy.

The Dow Jones Industrial Average fell 128.83 points, or 0.43 per cent, at the open to 29,695.09.

The S&P 500 opened lower by 8.67 points, or 0.24 per cent, at 3,653.78, while the Nasdaq Composite dropped 69.36 points, or 0.56 per cent, to 12,285.75 at the opening bell.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes