In a quiet session, the New York Stock Exchange took a breather on Tuesday with its indexes ending near equilibrium, little perturbed by the mixed results from Disney. The Dow Jones rose 0.49% to 38,864 points, while the S&P 500 gained 0.41% to 5,148 points. The Nasdaq 100 increased by 0.28% to 16,203 points. Following a week that ended positively for the New York indexes, with the Dow and Nasdaq gaining 1.1% and 1.4% respectively, and the S&P 500 adding 0.5% over five days, it was revealed that the US economy added fewer jobs than expected in April. Additionally, the unemployment rate increased, and wage growth was below expectations. This news, however, did not significantly disrupt the calm session at the NYSE.
Wall Street Takes Breath as Indexes End Near Equilibrium
- By AI Editor
- May 8, 2024
1 min read