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Wall St subdued after jobs report fuels rate-hike bets

By Thomson Reuters Sep 4, 2026 | 8:38 AM

Sept 4 (Reuters) – Wall Street’s main indexes were ​muted at ‌the open on Friday after a stronger-than-expected jobs reading ‌prompted ​investors to ⁠amplify bets ⁠the Federal Reserve could hike interest rates this month.

The ​Dow Jones Industrial Average ⁠fell 101.2 ⁠points, or ​0.19%, at the ​open to 53,584.89. The ‌S&P 500 rose 2.5 points, or 0.03%, ⁠at the open to 7,750.19, while the Nasdaq ⁠Composite ‌rose 3.8 ⁠points, or ​0.01%, ‌to 26,587.896.

(Reporting by ​Niket ⁠Nishant, Tharuniyaa Lakshmi and Purvi Agarwal in Bengaluru; Editing by Maju ​Samuel)