Wall St opens muted after AI-driven rally; labor data in focus

January 7, 2026 9:35 AM EST

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 6, 2026. REUTERS/Brendan McDermid

Jan 7 (Reuters) - ⁠Wall ⁠Street's ‍main indexes opened muted ‍on Wednesday, as investors ​took a breather ​after an AI-driven rally in the previous session, while ​awaiting a labor market report ​due later in the day.

The ‌Dow Jones Industrial Average rose 50.6 points, ​or 0.10%, ⁠at the open to 49,512.72. ‌The S&P 500 fell 0.3 points ‌at the open to ‌6,945.07​, while the Nasdaq Composite dropped 2.3 points, ‍or 0.01%, to 23,544.894 at ⁠the opening bell.

(Reporting by Purvi Agarwal in Bengaluru; Editing by Shinjini Ganguli)



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