World, Economy, Americas

US stock market opens lower

Raytheon Corp, maker of Tomahawk missiles, sees stock price increase by 2.9 percent during premarket hours

07.04.2017 - Update : 17.04.2017
US stock market opens lower FILE PHOTO

By Ovunc Kutlu

NEW YORK 

The stock market opened lower Friday after the release of disappointing jobs data and the U.S. launching missile strikes on a Syrian air base late Thursday.

The Dow fell 17 points to 20,645 points and the S&P 500 lost 2 points to begin the day at 2,355 points.

The Nasdaq declined 6 points to start the last trading day of the week at 5,872.

American economy added only 98,000 jobs in March, according to the Department of Labor earlier Friday, coming way below the market expectation of 180,000.

Investors have taken a sell-off position in the market after the U.S. hit targets in Syria with Tomahawk missiles late Thursday in response to an alleged chemical attack.

Raytheon Corp, the maker of Tomahawk missiles, saw its stock price increase by 2.9 percent during premarket hours, and opened at $154.62 per share.

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