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Stock market today: Wall Street opens mixed as job growth cools slightly

July 7, 2023
Source: sootoday.com sootoday.com
News Snapshot:
NEW YORK (AP) — Wall Street is opening mixed after data suggested the U.S. job market is still plenty warm enough to keep the economy growing but maybe not so hot that it stokes inflation. The S&P 500 was little changed in early trading Friday. The Dow fell 42 points, or 0.1%, and the Nasdaq composite was up 0.1%. A lot is riding on whether the economy can navigate the narrow pathway to avoid a long-predicted recession. Friday’s report showed U.S. employers added 209,000 jobs last month, a slowdown from May and not far off economists’ expectations. Treasury yields were...
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