Wall Street Opens Lower as Focus Shifts to Jobs Data

December 5, 2023Updated: December 5, 2023

Wall Street’s main indexes opened lower on Tuesday as investors waited for a slew of data, including the crucial jobs report, to gauge whether the Federal Reserve will cut interest rates by early next year.

The Dow Jones Industrial Average fell 68.79 points, or 0.19 percent, at the open, to 36,135.65. The S&P 500 opened lower by 12.53 points, or 0.27 percent, at 4,557.25, while the Nasdaq Composite dropped 59.09 points, or 0.42 percent, to 14,126.40 at the opening bell.

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