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US: Wall Street up after August jobs report

Published Fri, Sep 2, 2022 · 09:52 PM
    • The Dow Jones Industrial Average rose 192.08 points, or 0.61 per cent, at the open to 31,848.50.
    • The Dow Jones Industrial Average rose 192.08 points, or 0.61 per cent, at the open to 31,848.50. photo: REUTERS

    US stock indexes opened higher on Friday after data showed stronger-than-expected jobs growth in August, but cooling wage increases and a rise in unemployment rate eased some concerns about inflation.

    The Dow Jones Industrial Average rose 192.08 points, or 0.61 per cent, at the open to 31,848.50.

    The S&P 500 opened higher by 27.81 points, or 0.70 per cent, at 3,994.66, while the Nasdaq Composite gained 114.01 points, or 0.97 per cent, to 11,899.14 at the opening bell. REUTERS

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