Wall Street opens lower after U.S. jobs data

Explore Business Standard
Associate Sponsors
Co-sponsor

(Reuters) - U.S. stock indexes opened lower on Friday after data showed weaker-than-expected U.S. jobs and wages growth in April, while unemployment rate dropped to a 17-1/2-year low.
The Dow Jones Industrial Average fell 64.93 points, or 0.27 percent, at the open to 23,865.22. The S&P 500 opened lower by 8.28 points, or 0.31 percent, at 2,621.45. The Nasdaq Composite dropped 22.48 points, or 0.32 percent, to 7,065.67 at the opening bell.
(Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: May 04 2018 | 7:16 PM IST