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Home›US Markets›Indices›Dow opens higher despite July jobs decline

Dow opens higher despite July jobs decline

The U.S. economy lost 23,000 jobs in July, according to the latest jobs report cited by WSJ Markets.

Reported · Written up by our desk · Indices

The Dow opened higher as traders digested the latest U.S. jobs report, even though the data showed a surprise decline in employment, according to WSJ Markets.

The report said the economy lost 23,000 jobs in July, a miss versus forecasts.

WSJ Markets said the negative employment surprise came after the market had looked for a different outcome, helping explain the mixed start for stocks on the day the report hit.

Latest closeDow Jones 53,885.10 ▼0.8%

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Sources

WSJ MarketsJobs Report Today: Dow Opens Higher After Data Misses Forecasts

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