Wall Street Opens Muted As Job Growth Slows
Wall Street's major indexes opened to a muted performance on Friday after data indicated a slowdown in U.S. job growth, though it remains healthy. The Dow Jones Industrial Average edged up by 5.40 points, while the S&P 500 and Nasdaq Composite saw slight increases as well.
![Wall Street Opens Muted As Job Growth Slows](https://devdiscourse.blob.core.windows.net/aiimagegallery/02_07_2024_10_09_03_6487513.png)
Wall Street's main indexes showed muted movements at the open on Friday. This follows new data indicating that U.S. job growth has slowed, although it continues at a healthy pace. The Dow Jones Industrial Average saw a minimal rise of 5.40 points, or 0.01%, reaching 39,313.40 points at the opening.
The S&P 500 index also rose, albeit by a modest 0.89 points, or 0.02%, opening at 5,537.91. Meanwhile, the Nasdaq Composite showed a slightly higher increase of 12.30 points, or 0.07%, reaching 18,200.60 at the opening bell.
The economic data comes amid ongoing analysis of labor market trends, which investors meticulously monitor to gauge economic health and potential market implications.
(Disclaimer: With inputs from agencies.)
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