2023-08-29 14:49:42
The main US stock indices rose in early trading, Tuesday, as investors refrained from betting strongly ahead of the release of important economic data this week that will provide more clues to the state of the economy.
Job data available in the United States during July recorded its lowest level since May 2021, which amounted to 8.827 million, compared to expectations of 9.465 million jobs.
stock movements
Stock indices rose collectively during the first hour of trading, as the “Dow Jones” industrial index rose by 0.47 percent, to reach the level of 34,724.62 points.
The “Standard & Poor’s 500” index rose by 0.71 percent, to reach the level of 4465.89 points.
The Nasdaq Composite Index was the biggest gainer, with an increase of 1.25 percent, to reach the level of 13,877 points.
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