Dow Jones Edges Higher After U.S. Labor Market Contracts in July
The Dow Jones Industrial Average rose 65 points, or about 0.1%, to trade near 54,000 after data showed the U.S. labor market contracted in July.
DJIA
The U.S. labor market contracted in July, according to the data. In response, the Dow Jones Industrial Average gained roughly 65 points, a move of about a tenth of a percent.
The index was trading near the 54,000 level following the report, though no further specifics on the labor figure or the broader economic implications were provided.
Source: FXStreet Forex News