Wall Street opens flat after soft jobs data

Wall Street opens flat after soft jobs data


Wall Street opens flat after soft jobs data
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 6, 2022. REUTERS/Brendan McDermid

January 7, 2022

(Reuters) – Wall Street’s main indexes opened largely flat on Friday after data pointed to weaker-than-expected job growth, while a rise in wages fueled concerns about higher inflation.

The Dow Jones Industrial Average rose 13.12 points, or 0.04%, at the open to 36,249.59. The S&P 500 opened higher by 1.61 points, or 0.03%, at 4,697.66, while the Nasdaq Composite gained 14.85 points, or 0.10%, to 15,095.72 at the opening bell.

(Reporting by Devik Jain in Bengaluru; Editing by Maju Samuel)





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