US stocks open lower after hot payrolls data
The Dow Jones Industrial Average fell 24.93 points, or 0.06%, at the open to 38,861.24.
US stock indexes fell at the open on Friday, after data showed job growth accelerated far more than expected in May, leading investors to dial back expectations for a September start to rate cuts.The Industrial Average fell 24.93 points, or 0.06%, at the open to 38,861.24.
The S&P 500 opened lower by 9.15 points, or 0.17%, at 5,343.81, while the Composite dropped 48.99 points, or 0.29%, to 17,124.14 at the opening bell.
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Source: Stocks-Markets-Economic Times
