Wall Street Stumbles Amid Economic Uncertainty

Wall Street's major indexes opened lower on Wednesday due to unexpectedly weak private payrolls data and concerns about federal government shutdown impacting economic visibility for the central bank.


Devdiscourse News Desk | Updated: 01-10-2025 19:07 IST | Created: 01-10-2025 19:07 IST
Wall Street Stumbles Amid Economic Uncertainty
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Wall Street's leading indexes opened on a downward trend Wednesday, exacerbated by disappointing private payroll figures.

Additional concerns stemmed from the federal government's shutdown, casting doubt on the central bank's economic insights.

The Dow Jones Industrial Average dipped by 31.1 points, reaching 46,366.78, as the S&P 500 and Nasdaq Composite also experienced declines at the opening bell.

(With inputs from agencies.)

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