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SNAPSHOT Wall Street opens lower after robust November jobs report

2022-12-02T14:34:00Z

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 21, 2022. REUTERS/Brendan McDermid

Wall Street’s main indexes opened lower on Friday as higher-than-expected job additions in November poured cold water on investor expectations of the Federal Reserve easing its aggressive monetary policy tightening.

The Dow Jones Industrial Average (.DJI) fell 129.6 points, or 0.38%, at the open to 34265.45. The S&P 500 (.SPX) fell 36.4 points, or 0.89%, at the open to 4040.17​, while the Nasdaq Composite (.IXIC) dropped 174.1 points, or 1.52%, to 11308.375 at the opening bell.

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