Home / Market Update / Global Stock Market / Wall Street Opens Mixed and Nasdaq Hits New Record

Wall Street Opens Mixed and Nasdaq Hits New Record

The main indices of the New York Stock Exchange (NYSE) opened higher on Monday, with Wall Street beginning the week with a positive performance and the Nasdaq hitting a new all-time high, on the back of gains by tech stocks.

Concerns about the rising number of coronavirus cases in Asia is impacting markets, as well as anticipation for more economic data in the U.S., especially those on the labor market.

A slew of positive economic data recently provided support for the stock market.

The Dow Jones Industrial Average and S&P 500 are down by about 0.6% and 0.03%, respectively, while the Nasdaq Composite index is up 0.69% at 14,458.95 points.

Check Also

Goolsbee Lauds September’s Jobs Report

Interviewed at Bloomberg, Chicago Fed President Austan Goolsbee said on Friday that he considered the latest …