Markets Await Job Report Amidst Slight Dip

Wall Street opened slightly lower on Tuesday, following record highs for the S&P 500 and Nasdaq. Investors are eagerly anticipating a significant jobs report due later this week, along with additional data and insights from Federal Reserve officials. The Dow, S&P 500, and Nasdaq each saw a minor decline at the opening bell.


Devdiscourse News Desk | Updated: 03-12-2024 20:08 IST | Created: 03-12-2024 20:08 IST
Markets Await Job Report Amidst Slight Dip
This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only.

Wall Street experienced a modest decline as trading began on Tuesday, even after the S&P 500 and Nasdaq reached unprecedented levels in the previous session. Investors are turning their attention to a pivotal jobs report expected later this week.

The Dow Jones Industrial Average dropped 12.4 points, or 0.03%, opening at 44769.58. Similarly, the S&P 500 saw a 4.2-point decrease or 0.07%, beginning at 6042.97, while the Nasdaq Composite fell by 39.6 points, or 0.20%, starting at 19364.343.

The anticipated jobs report, along with forthcoming data and comments from Federal Reserve officials, is the key focus for market participants, potentially influencing future market directions.

(With inputs from agencies.)

Give Feedback