Wall St subdued after jobs report fuels rate-hike bets

SHARE NOW

Sept 4 (Reuters) – Wall Street’s main indexes were muted at the open on Friday after a stronger-than-expected jobs reading prompted investors to amplify bets the Federal Reserve could hike interest rates this month.

The Dow Jones Industrial Average fell 101.2 points, or 0.19%, at the open to 53,584.89. The S&P 500 rose 2.5 points, or 0.03%, at the open to 7,750.19 , while the Nasdaq Composite rose 3.8 points, or 0.01%, to 26,587.896.

(Reporting by Niket Nishant, Tharuniyaa Lakshmi and Purvi Agarwal in Bengaluru; Editing by Maju Samuel)

Brought to you by www.srnnews.com