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US STOCKS SNAPSHOT-Wall St opens sharply lower after weak jobs data; Amazon, Intel tank
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US STOCKS SNAPSHOT-Wall St opens sharply lower after weak jobs data; Amazon, Intel tank
Aug 2, 2024 7:08 AM

Aug 2 (Reuters) - U.S. stock indexes slumped at the open

on Friday, with the Nasdaq on track to confirm it was in a

correction, after weak employment numbers exacerbated worries of

a slowdown in the economy, with Amazon ( AMZN ) and Intel's ( INTC ) slumping on

downbeat forecasts.

The Dow Jones Industrial Average fell 272.6 points,

or 0.68%, at the open to 40,075.33. The S&P 500 fell 70.1

points, or 1.29%, at the open to 5,376.63​, while the Nasdaq

Composite dropped 413.7 points, or 2.41%, to 16,780.446

at the opening bell.

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