Stocks Open Mixed After 5 Losing Weeks

Stocks are opening mixed, starting the week lower after losing ground for five straight weeks. The Dow is down 5 points at 12,120 at the start of trading Monday. The S&P 500 is down 1 point at 1,298. The Nasdaq is up 7 points at 2,296.

The three indexes dropped more than 2 percent last week. A dismal jobs report sent stocks sharply lower on Friday. The Labor Department reported that employers added only 54,000 new workers in May. The unemployment rate inched up to 9.1 percent from 9 percent.

The monthly jobs report reinforced earlier signs that the U.S. economy is slowing.

No economic reports are due out Monday.

For the year, the Dow remains up 5 percent. The S&P and Nasdaq are up more than 3 percent.

Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 123225303 -
Gray Television, Inc.