Wall Street Opens Muted After Mixed Earnings; Jobs Data in Focus

January 30, 2024Updated: January 30, 2024

Wall Street’s main indexes were subdued at open on Tuesday as investors assessed mixed earnings from legacy names such as United Parcel Service and General Motors while bracing for a key jobs report for insights into the labor market health.

The Dow Jones Industrial Average fell 35.22 points, or 0.09 percent, at the open to 38,298.23. The S&P 500 opened lower by 2.04 points, or 0.04 percent, at 4,925.89, while the Nasdaq Composite dropped 23.97 points, or 0.15 percent, to 15,604.08 at the opening bell.

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