Dow Subdued at Open as Surprise Jobs Growth Fans Inflation

A sign for Wall Street hangs in front of the New York Stock Exchange in New York City, on July 8, 2021. (Mark Lennihan/AP Photo)

The Dow opened flat on Friday, as data showing an unexpected jump in U.S. growth in January fanned fears around inflation, countering a boost from Amazon’s results at the end of a volatile week.

The Dow Jones Industrial Average was down 15.4 points, or 0.04 percent, at the open to 35,095.74.

The S&P 500 rose 5.4 points, or 0.12 percent, at the open to 4482.79, while the Nasdaq Composite rose 79.7 points, or 0.57 percent, to 13958.482 at the opening bell.