The Business Times

US: Wall St opens flat as labour market recovery slows

Published Wed, Nov 25, 2020 · 02:53 PM

[NEW YORK] 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 per cent, 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 per cent, to 12,053.89 at the opening bell.

REUTERS

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