S&P opens flat, Dow higher after jobs data; Amazon weighs

Image
Reuters
Last Updated : Feb 01 2019 | 8:15 PM IST

(Reuters) - The Dow Jones Industrial index opened slightly higher on Friday while the S&P 500 was flat after stronger-than-expected U.S. jobs data reassured investors worried about a slowdown, but losses in Amazon kept gains in check and weighed down Nasdaq.

The Dow Jones Industrial Average rose 25.64 points, or 0.10 percent, at the open to 25,025.31. The S&P 500 opened lower by 1.78 points, or 0.07 percent, at 2,702.32. The Nasdaq Composite dropped 25.37 points, or 0.35 percent, to 7,256.37 at the opening bell.

(Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 01 2019 | 8:08 PM IST

Next Story