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(REUTERS/Marat Gurt)
Stocks opened lower on Friday morning following the jobs report that was largely in line with expectations.
Near 10:24 a.m. ET, the Dow was down 81 points, the S&P 500 was down 7 points, and the Nasdaq was down 24 points.
On Thursday, stocks closed in the red amid a sell off in media and biotechnology stocks. The Dow clocked its sixth down day, and the Nasdaq had its worst day in nearly a month.
The US economy added 215,000 jobs in July and the unemployment rate held steady at 5.3%.
This report was one of just two before the Fed meeting in September, when expectations are growing that it will raise rates.
In a note to clients after the release, Pantheon Macroeconomics' Ian Shepherdson wrote, "In one line: Solid enough to keep the September hike alive ... this is a solid but unexciting report."
The US dollar index rose slightly on the report and was virtually unchanged at the stock market open, near 98.28. Gold was slightly higher near $1,092 an ounce.
After falling towards year-to-date lows on Thursday, West Texas Intermediate crude oil futures in New York were again lower, near $44.59 per barrel. Just after 1 p.m. ET, driller Baker Hughes will release the latest count of US oil and gas rigs.
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Dajin Resources Corp.
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CODE : DJI.V |
ISIN : CA2340671064 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Dajin Res. is based in Canada. Dajin Res. holds various exploration projects in Canada. Its main exploration properties are ADDIE 1, ADDIE 2 and COWTRAIL in Canada. Dajin Res. is listed in Canada. Its market capitalisation is CA$ 103.0 millions as of today (US$ 82.4 millions, € 73.9 millions). Its stock quote reached its lowest recent point on May 15, 2020 at CA$ 0.02, and its highest recent level on December 03, 2021 at CA$ 1.13. Dajin Res. has 137 360 000 shares outstanding. |