World markets today: US stocks drop ahead of jobs data, Jerome Powell’s testimony

US stock indices opened lower on Monday ahead of key jobs data and Fed chair Jerome Powell’s congressional testimony later this week.

At the opening bell, the Dow Jones Industrial Average fell 118.61 points, or 0.30%, to 38,968.77. The S&P 500 opened lower by 6.09 points, or 0.12%, at 5,130.99, while the Nasdaq Composite dropped 10.73 points, or 0.07%, to 16,264.21. 

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Published: 04 Mar 2024, 08:24 PM IST