After Wednesday's sharp falls, Wall Street opens lower

Unemployment enrollments in the United States have increased in the past week, suggesting a slower recovery in the labor market due to restrictive measures to limit the spread of covid-19, the figures released today indicate.

Reuters

The New York Stock Exchange was still mixed today at the beginning of the session, after the disclosure of an increase in unemployment enrollments in the United States last week.

At 15:10 (Lisbon time), the Dow Jones index rose 0,20% to 26.814,97 points and the Nasdaq, dominated by the technological sector, advanced 0,56% to 10.694,44 points.

No entanto, o índice alargado S&P 500, que representa as 500 maiores empresas de Wall Street, registava um recuo de 0,09% para 3.233,85 pontos.

Unemployment enrollments in the United States have increased in the past week, suggesting a slower recovery in the labor market due to restrictive measures to limit the spread of covid-19, the figures released today indicate.

According to the Department of Labor, between September 13 and September 19, 870.000 people applied to apply for unemployment benefits, an increase of 4.000 over the previous week's data, which was revised. Analysts had expected 825.000 orders.

On Wednesday, Wall Street saw a sharp decline after a busy session, particularly in the technology sector.

O Dow Jones cedeu 1,92%, o Nasdaq caiu 3,02% e o S&P 500 perdeu 2,37%.

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