Friday, 8 Nov 2024

Wall Street opens flat as labor market recovery slows

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(Reuters) – Wall Street’s main indexes were muted at the open on Wednesday as a surprise jump in weekly jobless claims added to signs the recovery of the labor market was stalling amid a surge in COVID-19 infections.

The Dow Jones Industrial Average rose just 12.63 points, or 0.04%, at the open to 30,058.87.

The S&P 500 opened flat at 3,635.50, while the Nasdaq Composite gained 17.11 points, or 0.14%, to 12,053.89 at the opening bell.

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