Wall Street Opens Flat After Soft Jobs Data

Wall Street Opens Flat After Soft Jobs Data
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, on Jan. 6, 2022. Brendan McDermid/Reuters
Reuters
Updated:

Wall Street’s main indexes opened largely flat on Friday after data pointed to weaker-than-expected job growth, while a rise in wages fueled concerns about higher inflation.

The Dow Jones Industrial Average rose 13.12 points, or 0.04 percent, at the open to 36,249.59. The S&P 500 opened higher by 1.61 points, or 0.03 percent, at 4,697.66, while the Nasdaq Composite gained 14.85 points, or 0.10 percent, to 15,095.72 at the opening bell.