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

Wall Street dips, Dow Jones gives up record highs
2025-11-13 16:42PM UTC
US stocks declined during Thursday’s trading session, despite the official announcement that ...
Americas News

Markets

NASDAQ, S&P 500 driven lower by weaker tech sector
2025-11-11 16:02PM UTC
Most US stock indexes fell on Tuesday as pressure on the technology sector persisted and investors ...
Americas News

Markets

Wall Street climbs on hopes of ending the government shutdown
2025-11-10 17:39PM UTC
US stocks rose on Monday as investors grew optimistic that the longest government shutdown in US ...