Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

US stocks open higher despite disappointing jobs data

Economies.com
2021-01-08 15:17 UTC

US stock indices opened higher on Friday, despite the release of a unexpectedly disappointing monthly jobs report.

 

After the Congress officially certified Joe Biden's election victory, sources said that US President Donald Trump is considering about his self-pardon power for any event or decision that might bring him to court, especially after his supporters stormed the Capitol building.

 

The US Department of Labor reported today that the economy has lost 140,000 jobs in December, worse than forecasts of adding 60,000 new jobs.

 

The unemployment rate held at 6.7% unchanged, compared to forecasts or rising to 6.8%.

 

As for stocks, Dow Jones rose 0.1% or 2 points to 31,042 as of 15:15 GMT, S&P 500 rose 0.4% or 15 points to 3,819, and Nasdaq rose 0.8% or 114 points to 13,182.

American Markets News

Americas News

Markets

Wall Street holds steady ahead of SK Hynix's highly anticipated Nasdaq debut
2026-07-10 14:55 UTC
Wall Street's major indexes were little changed on Friday as investor attention shifted to the ...
Americas News

Markets

Nasdaq closes higher on semiconductor rally despite escalating US-Iran tensions
2026-07-09 20:25 UTC
The Nasdaq Composite posted strong gains on Thursday as semiconductor stocks led a rally in US ...
Americas News

Markets

Wall Street rises on semiconductor rally despite persistent Middle East tensions
2026-07-09 15:49 UTC
Wall Street's major indexes advanced on Thursday, supported by strong gains in semiconductor stocks ...