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

US stocks open mixed, Dow Jones hits new milestone at 35,000

Economies.com
2021-05-10 14:06PM UTC

The US stock indices were mixed in early trading on Monday, as Nasdaq fell due to a tech stocks rout, while Dow Jones rose to a new record high led by the energy sector.

 

US energy companies rebounded amid fears over disrupting oil supplies, after a cyberattack forced the US largest fuel pipeline to shutdown.

 

Data showed last week that the US economy has added 266,000 jobs during April, worse than forecasts of 990,000 jobs.

 

The US unemployment rate rose to 6.1% in April from 6% in March, while analysts forecast a drop to 5.8%.

 

As for stocks, Dow Jones rose 0.7% or 231 points to 35,006 as of 14:04 GMT, Nasdaq fell 1.4% or 193 points to 13,554, and S&P 500 fell 0.1% or 4 points to 4,228.

American Markets News

Americas News

Markets

How much have Trump’s policies succeeded in the U.S. stock market?
2025-11-05 19:09PM UTC
One year after President Donald Trump’s re-election, the U.S. stock market continues to notch ...
Americas News

Markets

NASDAQ boosted by resurgent demand on tech shares
2025-11-05 17:00PM UTC
U.S. stock indexes rose on Wednesday following upbeat economic data and a rebound in the technology ...
Americas News

Markets

Sharp losses: Has the Wall Street correction already begun?
2025-11-05 13:44PM UTC
U.S. stock indexes fell on Tuesday, deepening losses as concerns over stretched valuations in ...