HomeMarket NewsDow Jones Today | US Stock Market Highlights: Dow Jones is little changed as investor enthusiasm for better-than-expected jobs data wanes
Dow Jones Today | US Stock Market Highlights: The Dow Jones Industrial Average slipped on Wednesday (February 11) after the better-than-expected delayed January jobs report failed to spark a sustainable advance.
Dow Jones Today | US Stock Market Highlights: The Dow Jones Industrial Average slipped on Wednesday (February 11) after the better-than-expected delayed January jobs report failed to spark a sustainable advance. The blue-chip index traded down 109 points, or 0.2%, as did the Nasdaq Composite. The S&P 500 hovered around the flatline.
The Bureau of Labour Statistics’ January nonfarm payrolls report — which had been delayed due to a partial government shutdown that ended on February 3 — showed job growth of 130,000 last month. Economists polled by Dow Jones had called for a gain of 55,000. The latest figure also marked a sizable increase from December, which was downwardly revised to 48,000. The unemployment rate also landed at 4.3%, a bit below the Dow Jones forecast for 4.4%.
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