The US stock market opened lower on Monday as focus shifts from the strong employment growth in September to the release of corporate earnings this week.
The 30-stock Dow Jones Industrial Average shed 0.15% to open at 42,289.51, whereas the tech-heavy Nasdaq Composite declined 0.32% to open at 18,080.12.
The broader index, S&P 500, stood at 5,737.5 at the opening bell, down 0.24% from the previous session's close.
On Friday, the Wall Street had settled near session highs as the US stocks and bond yields were buoyed by American employers adding 254,000 jobs in September—tthe highest in the last six months.
The data indicated the resilience of the US economy and boosted its soft-landing hopes.
(This is a developing story.)
US Hiring Tops All Estimates, While Jobless Rate Falls To 4.1%. Read more on Markets by NDTV Profit.