Business

S&P 500 opens flat after July jobs data

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Aug 6 (Reuters) - The S&P 500 was muted at the open on Friday, as a strong increase in jobs in July sparked concerns of higher inflation at a time when the Delta variant of the coronavirus has cast a shadow over a broader economic rebound.

The Dow Jones Industrial Average (.DJI) rose 13.2 points, or 0.04%, at the open to 35077.44. The S&P 500 (.SPX) was flat at 4429.07​, while the Nasdaq Composite (.IXIC) dropped 30.9 points, or 0.21%, to 14864.216 at the opening bell.

Reporting by Sruthi Shankar in Bengaluru

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