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US STOCKS SNAPSHOT-Wall Street opens lower after hot payrolls data
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US STOCKS SNAPSHOT-Wall Street opens lower after hot payrolls data
Jun 7, 2024 6:53 AM

June 7 (Reuters) - U.S. stock indexes fell at the open

on Friday, after data showed job growth accelerated far more

than expected in May, leading investors to dial back

expectations for a September start to rate cuts.

The Dow Jones Industrial Average fell 24.93 points,

or 0.06%, at the open to 38,861.24.

The S&P 500 opened lower by 9.15 points, or 0.17%, at

5,343.81, while the Nasdaq Composite dropped 48.99

points, or 0.29%, to 17,124.14 at the opening bell.

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