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US Stock Market Closes Mixed Amid Holiday Hiring

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 19 October 2021.

On Monday, October 18, 2021, the US stock market closed with a mixed performance, as the Dow Jones Industrial Average remained unchanged, while the Nasdaq 100 and S&P 500 recorded slight gains.

The Dow Jones Industrial Average fell by 0.10%, while the Nasdaq 100 rose by 1.02% and the S&P 500 was up by 0.34%.

Major News

Amazon Inc. announced on Monday that it will hire 150,000 new employees to aid in the company's peak season preparations, with an average starting pay of $18 an hour.

The new staff will be responsible for picking, packing, and shipping orders at Amazon's warehouses.

This move comes after the company revealed plans to hire an additional 125,000 workers in the United States in September.

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