Wall Street Falls at Open After Jobs Data; Treasury Yields Spike

October 6, 2023Updated: October 6, 2023

Wall Street’s main indexes fell at the open on Friday after a strong jobs report deepened fears that interest rates may stay elevated for an extended period.

The Dow Jones Industrial Average fell 78.87 points, or 0.24 percent, at the open to 33,040.70.

The S&P 500 opened lower by 23.40 points, or 0.55 percent, at 4,234.79, while the Nasdaq Composite dropped 92.16 points, or 0.70 percent, to 13,127.68 at the opening bell.

Alito Warns Congress Has Power to ‘Turn Off the Lights’ at Supreme Court, Defund Activities
RELATED
Stock Market Today: Asian Benchmarks Mostly Rise in Subdued Trading on US Jobs Worries