[Breaking] Surprise Job Growth Leads to Mixed Close on New York Stock Exchange... Nasdaq Down 0.50%

by Cho Seulkina

Published 06 Aug.2022 05:01(KST)

[Asia Economy New York=Special Correspondent Joselgina] Major indices on the U.S. New York Stock Exchange closed mixed on the 5th (local time) as a stronger-than-expected employment report reinforced the Federal Reserve's commitment to aggressive tightening.

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On that day, the Dow Jones Industrial Average rose 0.23% from the previous close. The large-cap-focused S&P 500 index fell 0.17%, and the tech-heavy Nasdaq index closed down 0.50%.

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