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Wall Street dips at open after jobs data

Reuters 

(Reuters) - U.S. stocks pulled back from steeper losses in futures trading to open slightly lower on Friday after a U.S. jobs report that was tepid enough to lower bets for faster future interest rate hikes, but not enough to fan fears of an economic slowdown.

The fell 28.85 points, or 0.12 percent, at the open to 24,918.82. The S&P 500 opened lower by 4.69 points, or 0.17 percent, at 2,691.26. The Nasdaq Composite dropped 24.77 points, or 0.34 percent, to 7,163.49 at the opening bell.

(Reporting by in Bengaluru; Editing by Shounak Dasgupta)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, December 07 2018. 20:12 IST
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