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

2021-05-10 14:31:11 GMT (Economies.com)
US stocks open mixed, Dow Jones hits new milestone at 35,000

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.

 
 
 
  Symbol Last Change Chg.%
1.1938
0.0036
0.3037%
1.3922
0.0028
0.2048%
Tadawul
10919.68
6.62
0.06%
26.007
0.018
0.071%
73.580
1.754
2.442%
75.56
0.32
0.43%
1776.975
-1.415
0.080%
 
 
US
 
Europe
 
Asia