US opens mixed as unemployment falls

Friday, 04. September 2020 15:32

Stocks in the United States opened on Friday following new unemployment figures. According to the August report, nonfarm employment rose by 1.4 million, while the unemployment rate fell by 1.8% to 8.4%.

The Dow Jones opened 0.67% in the green at 9:30 am ET, adding over 150 points. Gains were led by JP Morgan Chase & Co at 2.08%. The Nasdaq 100 dropped 0.23% at the same time, with DocuSign dropping 10.38%, while the S&P 500 gained 0.22% at 9:31 am ET, as the Cooper Companies Inc. rose by 4.88%.

The euro declined 0.34% compared to the dollar at 9:33 am ET and went for 1.18128.

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