US stocks were mixed on Wednesday following job openings data that boosted hopes for a Federal Reserve interest rate cut later this month and an anti-trust ruling in favour of Alphabet.
At 10:06 AM ET, the Dow Jones Industrial Average fell 203.83 points, or 0.45%, to 45,091.98, the S&P 500 gained 21.34 points, or 0.33%, to 6,436.88 and the Nasdaq Composite gained 208.40 points, or 0.98%, to 21,488.03.
At the opening bell, the Dow Jones Industrial Average rose 13.6 points, or 0.03%, to 45,309.43. The S&P 500 rose 30.3 points, or 0.47%, to 6,445.82, while the Nasdaq Composite rose 182.0 points, or 0.86%, to 21,461.627.
The US job openings fell in July to the lowest in 10 months.
According to Bureau of Labor Statistics data, available positions fell to 7.18 million from a downwardly revised 7.36 million in June.
In the bond market, the 10-year Treasury yield fell to 4.22% from 4.28% late on Tuesday.
Gainers and Losers
Alphabet stock jumped 8.3% following a Washington judge ruled on Tuesday Google will not have to sell its Chrome browser, but will have to share data with rivals.
Apple shares also surged 8.4% as the ruling allowed Google to keep making lucrative payments to the iPhone maker.
Macy’s stock climbed 19.5% after the department store operator raised its annual forecasts.
American Bitcoin, a bitcoin treasury and mining company linked to the Trump family, soared 91.3% in its first day of trading on the Nasdaq after completing a merger with Gryphon Digital Mining.
Bullion
Gold prices extended its rally on Wednesday, powered by softer US jobs data.
Spot gold was up 0.9% to $3,562.80 per ounce by 10:46 AM EDT (1446 GMT). US gold futures gained 1% to $3,627.40.
Among other metals, spot silver rose 0.8% to $41.22, platinum gained 2.1% to $1,432.12, and palladium was up 1.6% to $1,152.68.
Oil prices fell on Wednesday after a report that the OPEC alliance will consider a fresh round of supply increases.
Brent fell as much as 2.1% in London, extending an earlier decline. It had closed at a one-month high on Tuesday.
