World News | Wall Street Opens Flat as September Jobs Report Disappoints
Get latest articles and stories on World at LatestLY. US stocks are opening mixed on Friday after a disappointing jobs report thudded onto Wall Street and raised questions about whether the Federal Reserve will change its timeline to pare back its support for markets.
New York, Oct 8 (AP) US stocks are opening mixed on Friday after a disappointing jobs report thudded onto Wall Street and raised questions about whether the Federal Reserve will change its timeline to pare back its support for markets.
The S&P 500 was flat in early trading, on pace for a 1per cent gain for the week. The Dow Jones Industrial Average and Nasdaq composite were also flat shortly after the open.
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Immediate reaction to the weak September jobs report saw Treasury yields fluctuate. Stocks of energy producers were leading the way after crude oil prices resumed their upward run. (AP)
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)