Wall Street wavers after U.S. payrolls report
2017-01-06 15:54:40 GMT (Economies.com)
Wall Street wavers after U.S. payrolls report

U.S. stock indices opened Friday slightly lower, before turning modestly higher, with wavering dominating Wall Street's movements following the U.S. payrolls report.
 
The U.S. economy created less jobs than expected last month, while the unemployment rate rose to 4.7% from 4.6%, weighing negatively on Wall Street's performance today.
 
On the other hand, the dollar returned higher today against main currencies after hitting a three-week trough yesterday, which weighed on shares of American exporters.
 
U.S. stocks held on to their gains on economic growth prospects as President-elect Donald Trump paves the way for new stimulus plans and spending on infrastructure, which helped stabilize stocks.
 
Standard and Poor's 500 rose 0.08%, or 1.74 points to 2,270.74, while Dow Jones gained 0.02%, or 3.54 points to 19,902.83.
 
Tech-heavy NASDAQ advanced 0.24%, or 13.36 points to 5,501.30.

 
 
 
USD to Arab Currencies
Yemen249.9500
UAE3.6728
Tunisia2.3053
Syria514.9800
Sudan6.4077
Saudi Arabia3.7488
Qatar3.6405
Oman0.3848
Morocco9.9710
Libya1.4283
Lebanon1505.4000
Kuwait0.3048
Jordan0.7080
Iraq1181.0000
Egypt18.6000
Bahrain0.3769
Algeria109.5710