Wall St subdued after jobs report fuels rate-hike bets

September 4, 2026 9:38 AM EDT

FILE PHOTO: A trader works on the floor of the New York Stock Exchange in New York City, U.S., August 21, 2026. REUTERS/Jeenah Moon/File Photo

Sept 4 (Reuters) - ‌Wall ​Street's ​main indexes were muted ‌at the open on ⁠Friday after a ‌stronger-than-expected jobs reading ‌prompted investors to amplify bets the Federal ​Reserve could hike interest rates ⁠this month.

The Dow Jones Industrial ​Average fell 101.2 points, or 0.19%, ​at the ‌open to 53,584.89. The S&P ⁠500 rose 2.5 points, or 0.03%, ⁠at the open to 7,750.19, ​while the Nasdaq Composite rose 3.8 points, or ‌0.01%, to 26,587.896.

(Reporting by Niket ‌Nishant, Tharuniyaa ⁠Lakshmi and ‌Purvi Agarwal ​in Bengaluru; Editing by Maju ‌Samuel)



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