DJIA down 0.15% (Il Sole 24 Ore Radiocor) - New York, 21 Aug - US shares opened little changed ahead of a jobs data review and minutes from the Federal Reserve that could shed light on interest rates.

With the market virtually discounting a rate cut in September, the hope is minutes from the Fed's July policy meeting, released later today, will provide clues on whether more cuts could be on the cards.

Earlier this week Minneapolis Fed President Neel Kashkari said a rate cut next month was a possibility as the labor market had started to show signs of weakening too much.

A report from the Bureau of Labor Statistics today reviewing its monthly estimates of job creation between April 2023 and March 2024 will be closely monitored in case of major revisions.

On the stocks front, shares in Target jumped 16% in early trade after the retailer reported better-than-expected earnings and raised profit guidance while Macy's fell more than 12% after trimming its sales outlook as it restructures.

JD.com shares fell almost 7% after Walmart sold its entire stake in the Chinese e-commerce company.

Just after the opening bell the Dow Jones was down 61.53 points, or 0.15%, at 40,607.54, the S&P 500 was up 10.42 points, or 0.19%, at 5,607.54 while the Nasdaq was up 27.20 points, or 0.15%, at 17,844.14.

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(RADIOCOR) 21-08-24 15:40:22 (0354) 5 NNNN