Home / Market Update / Global Stock Market / Wall Street Edges Lower On NFP Data

Wall Street Edges Lower On NFP Data

Wall Street’s main indexes opened lower on Friday as better-than-expected job additions in November poured cold water on investor expectations of the Fed its aggressive monetary policy tightening.

The Dow Jones Industrial Average fell 129.6 points, or 0.38%, at the open to 34265.45. The S&P 500 fell 36.4 points, or 0.89%, at the open to 4040.17, while the Nasdaq Composite dropped 174.1 points, or 1.52%, to 11308.375 at the opening bell.

Check Also

Gold Prices Slide as Stable Ceasefire Eases Geopolitical Tensions, Investors Await Inflation Data

Gold prices slipped to their lowest levels in nearly four weeks during Asian trading on …