Wall Street Closes Mixed Amid Rising Labor Market Concerns

Finance|
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By Washington - Lee Tae-Gyu (Correspondent)
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The three major U.S. stock indexes closed mixed on Thursday, as labor market data heightened investor caution.

The Dow Jones Industrial Average fell 302.30 points, or 0.62%, to close at 48,114.26 on the New York Stock Exchange. The S&P 500 dropped 16.25 points, or 0.24%, to 6,800.26, while the Nasdaq Composite rose 54.05 points, or 0.23%, to finish at 23,111.46.

U.S. nonfarm payrolls released Thursday exceeded expectations but showed a clear slowdown, while the unemployment rate also rose, triggering risk-averse sentiment among investors.

#WallStreet#DowJones#SP500#Nasdaq#USStocks#LaborMarket#NFP

Original reporting by Washington - Lee Tae-Gyu (Correspondent) for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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