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Wall St opens muted after AI-driven rally; labor data in focus

By Thomson Reuters Jan 7, 2026 | 8:35 AM

Jan 7 (Reuters) – Wall Street’s main indexes opened ‍muted on Wednesday, as investors took a breather after an AI-driven ‌rally in ‌the previous session, while awaiting a labor market report due later ​in the day.

The Dow Jones ‍Industrial ​Average rose 50.6 ​points, or 0.10%, ‍at the open to 49,512.72. The S&P 500 fell 0.3 points ‍at the open to 6,945.07​, while the ‍Nasdaq ‍Composite dropped ​2.3 points, ​or ⁠0.01%, to 23,544.894 ‌at the opening bell.

(Reporting by Purvi Agarwal in Bengaluru; Editing by Shinjini ⁠Ganguli)