financetom
Market
financetom
/
Market
/
Wall St opens higher as jobs data eases slowdown fears
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wall St opens higher as jobs data eases slowdown fears
Aug 8, 2024 8:06 AM

(Reuters) - Wall Street's main indexes opened higher on Thursday, bolstered by better-than-expected labor market data that eased worries of a slowdown in the world's largest economy.

The Dow Jones Industrial Average rose 176.9 points, or 0.46%, at the open to 38940.38.

The S&P 500 rose 53.1 points, or 1.02%, to 5252.57​, while the Nasdaq Composite rose 212.5 points, or 1.31%, to 16408.265.

(Reporting by Shubham Batra in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Treasury Yields Jump as Exchange-Traded Funds, US Equities Fall
Treasury Yields Jump as Exchange-Traded Funds, US Equities Fall
Apr 24, 2024
01:08 PM EDT, 04/24/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading lower. Actively-traded Invesco QQQ Trust (QQQ) rose 0.1%, erasing earlier losses. US equity indexes fell, led by industrials and communication services, while government bond yields jumped after midday on Wednesday. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR...
US Equity Indexes Decline While Treasury Yields Jump in Midday Trading
US Equity Indexes Decline While Treasury Yields Jump in Midday Trading
Apr 24, 2024
01:03 PM EDT, 04/24/2024 (MT Newswires) -- US equity indexes fell, led by industrials and communication services, while government bond yields jumped after midday on Wednesday. The S&P 500 fell 0.4% to 5,050.6, with the Dow Jones Industrial Average down 0.4% to 38,335.6, and the Nasdaq Composite 0.3% lower to 15,649.7. Industrials, communication services, and materials led the decliners intraday....
Wall Street heads down as markets assess corporate results
Wall Street heads down as markets assess corporate results
Apr 24, 2024
US stock indices fell on Wednesday as investors assess the latest earnings results for the first quarter of 2024. Earlier data showed US durable goods orders rose 2.6% last month. Tesla reported its results yesterday, showing a steep decline in profits and earnings, however, investors reacted well to announcements of developing new and cheaper cars slated for 2025. On trading,...
Sector Update: Energy
Sector Update: Energy
Apr 24, 2024
01:27 PM EDT, 04/24/2024 (MT Newswires) -- Energy stocks were lower Wednesday afternoon, with the NYSE Energy Sector Index decreasing 0.5% and the Energy Select Sector SPDR Fund (XLE) down 0.3%. The Philadelphia Oil Service Sector Index was posting a 1% drop, while the Dow Jones US Utilities Index was rising 0.4%. US crude oil stocks, including those in the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved