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U.S. stocks fall at the open after three-day holiday weekend

Clyde Edgerton by Clyde Edgerton
April 10, 2023
in Markets
U.S. stocks fall at the open after three-day holiday weekend
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U.S. stocks opened down Monday following the three-day holiday weekend, with investors resuming trade after U.S. stock exchanges closed for Good Friday. The Dow Jones Industrial Average
DJIA,
-0.16%
fell 0.3% soon after the opening bell, while the S&P 500
SPX,
-0.65%
fell 0.6% and the Nasdaq Composite
COMP,
-1.01%
dropped 0.9%, according to FactSet data, at last check. Investors had the weekend to digest the jobs report that landed on Good Friday, with the Bureau of Labor Statistics saying that day that the U.S. economy added 236,000 jobs in March while the unemployment rate dipped to 3.5% from 3.6% in February. Meanwhile, investors are looking ahead to U.S. inflation data from the consumer-price index that will be released on Wednesday.



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