Wall St opens mixed after economic data; Middle East tensions in focus
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Wall Street's main indexes opened mixed on October 3, 2024; S&P 500 service sector activity at 54.9 in September, above 51.7 estimate; Dow Jones fell 137.01 points to 42,059.51; S&P 500 gained 5.62 points to 5,716.01; Nasdaq Composite rose 83.86 points to 18,006.65; 64.9% odds of a 25-basis-point cut at the Federal Reserve's November meeting; investors cautious due to Middle East tensions and upcoming unemployment data; oil stocks like Chevron and Exxon Mobil rose; Levi Strauss dropped 7.2% after Dockers brand sale consideration; Constellation Brands fell 2.1%; declining issues outnumbered advancers on NYSE and Nasdaq.
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