US: Wall St ticks higher at open after selloff on jobs data

WALL Street's main indexes rose on Monday (Aug 8) after last week's blockbuster jobs data soothed some fears about an economic slowdown, but investors remained cautious as it also added to expectations of a hawkish Federal Reserve.

The Dow Jones Industrial Average rose 73.89 points, or 0.23 per cent, at the open to 32,877.36.

The S&P 500 opened higher by 10.74 points, or 0.26 per cent, at 4,155.93, while the Nasdaq Composite gained 46.17 points, or 0.36 per cent, to 12,703.72 at the opening bell. REUTERS