NEW YORK— Major Wall Street indices fell from
record-setting levels at the start of trading Tuesday, as investors opted to
pause ahead of major data releases.
اضافة اعلان
The S&P 500 and
Nasdaq closed at all-time highs Monday
for the second consecutive session after traders were cheered by Federal
Reserve (Fed) Chair Jerome Powell's announcement that the central bank would
begin tapering its stimulus but could wait until later in the year.
Charles Schwab investment bank said investor sentiment has
shifted "as the markets continue to grapple with the lingering Delta
variant, Fed tapering expectations, and as we likely decelerate from peak
earnings and economic growth rates."
About 15 minutes into trading, the benchmark Dow Jones
Industrial Average lost 0.2 percent to 35,347.65.
The broad-based S&P 500 was down 0.1 percent at
4,523.02, and the tech-rich Nasdaq Composite Index lost 0.1 percent to
15,246.32.
Markets are eyeing key US employment data set for release
this week, which will give an update on the health of the labor market as it
bounces back from the
pandemic.
The ADP private hiring report is due out on Wednesday, while
the Labor Department will release official employment data for August on
Friday, which is expected to show the economy adding 750,000 jobs, a big gain
but fewer than in July.
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