US: S&P 500, Dow open muted after mixed labour market data

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The S&P 500 and the Dow were subdued at the open on Thursday (Sep 5) as investors parsed through mixed labour market data to gauge the size of the Federal Reserve’s interest rate cut that is expected later this month.

The Dow Jones Industrial Average rose 81.4 points, or 0.20 per cent, at the open to 41,056.33.

The S&P 500 was flat at the open at 5,520.08, while the Nasdaq Composite dropped 21.1 points, or 0.12 per cent, to 17,063.237 at the opening bell. REUTERS

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