The US stock market is trading flat: The Dow Jones up 0.23%
The US stock market is tradi...
Subscribe to Newsletter

The US stock market is trading flat: The Dow Jones up 0.23%

6 January 2023
2 min.
The US stock market is trading flat: The Dow Jones up 0.23%

Stock market on Friday

US stock indices are moving weak and mixed in early trading on Friday as investors assess US labour market data.

The number of jobs in the United States economy increased by 223,000 in December, the slowest pace since December 2020, a Labour Department report released on Friday showed.

Herewith, the unemployment rate in the USA in December fell to 3.5% from the revised November indicator of 3.6%. Earlier it was reported that unemployment was 3.7% in November and analysts had forecast it would remain at the same level.

Meanwhile, the ADP industry organization's report released the day before showed an acceleration in the growth rate of US private sector jobs. Their number increased by 235,000 in December. Analysts on average had forecast job growth of 150,000, according to Trading Economics. The figure rose by 127,000 in November.

The Dow Jones Industrial Average index rose 74.43 points to 3,3004.51 by 9:46 a.m. EST, up 0.23%.

Microsoft (NASDAQ: MSFT) -1.1% and Home Depot (NYSE: HD) -1.5%.

The Standard and Poor's 500 rose 2.27 points, up 0.06% to 3,810.37 points.

The Nasdaq Composite was down 35.19 points, down 0.34% to 10270.05 points.

Southwest Airlines Co (NYSE: LUV) shares are down 0.3% in early trading. The airline expects to record a loss in Q4 2022 after over 16,700 flights were cancelled in the US due to a snow storm.

Tesla (NASDAQ: TSLA)'s market capitalisation fell 6.3% after the electric car maker slashed prices for its Tesla Model 3 and Model Y electric cars in China by more than 10% amid increased competition in the world's largest electric car market.

World Wrestling Entertainment (WWE), the organiser of wrestling tournaments, jumped 14.7%. The Wall Street Journal wrote, citing sources, that Vincent Kennedy McMahon, who resigned last year, plans to return to the board of directors and initiate the process of selling the company.

Source foto:
Rating companies
15 Mention
15 Mention
13 Mention
10 Mention
Ford Motor Company
10 Mention
JP Morgan Chase
9 Mention
X (Twitter)
8 Mention


News from is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York. news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director
Died this year
Born this year