Wall Street Today: Jobs report after US equity flat flat, tariffs war in focus

Wall Street Today: Jobs report after US equity flat flat, tariffs war in focus


American equities were silenced on Wednesday, after a job report, fulfilled the concerns of a slow economy.

In the initial bell, Dow Jones fell to an industrial average of 2.6 points or 0.01%to 42,518.37. S&P 500 increased to 3.2 points, or 0.06%, 5,781.36, while NASDAQ increased 27.8 points or 0.15%to 18,312.965.

According to the parole firm ADP, below estimates, the US private sector employment increased 77,000 jobs last month.

Meanwhile, US Commerce Secretary Howard Lutnik said on Bloomberg Television that 25 percent of tariffs on Trump’s Mexico and Canada could be possible to exempt some areas including auto.

Bullion

Gold had changed slightly on Wednesday despite a low US dollar.

Spot gold was down as an ounce 10:04 AM EST (1504 GMT) at 0.1% $ 2,913.79. The US Gold Futures rose 0.1% to $ 2,923.70.

Spot Silver Advanced 1.2% to $ 32.36 an ounce.

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