Wall Street Opens Flat After Soft Jobs Data

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, on Jan. 6, 2022. (Brendan McDermid/Reuters)

Wall Street’s main indexes opened largely flat on Friday after data pointed to weaker-than-expected job growth, while a rise in wages fueled concerns about higher inflation.

The Dow Jones Industrial Average rose 13.12 points, or 0.04 percent, at the open to 36,249.59. The S&P 500 opened higher by 1.61 points, or 0.03 percent, at 4,697.66, while the Nasdaq Composite gained 14.85 points, or 0.10 percent, to 15,095.72 at the opening bell.