Wall Street moves little at the open

Economies.com
2016-12-08 15:40PM UTC

U.S. stock indices moved little at the open on trading on Thursday, as markets digest the European Central Bank's extension of its stimulus program to buy bonds, while lowering the buying rates.
 
On the other hand, the dollar jumped today versus major currencies after drawing support from euro's drop, which hurt stocks of American exporters.
 
The ECB's decisions today reflect stability of growth in the Eurozone, which indicates the Eurozone has exited its rough patch and helped settle U.S. stocks today.
 
Wavering remains dominant on Wall Street ahead of the Federal Reserve's policy decisions next week, expected to raise interest rates.
 
Standard and Poor's 500 fell 0.07%, or 1.51 points to 2,239.84, while Dow Jones shed 0.05%, or 9.76 points to 19,539.86.
 
Tech-heavy NASDAQ rose 0.18%, or 9.94 points to 5,403.70.

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