US: Wall Street opens higher as mega-cap stocks rise

[NEW YORK] Wall Street's main indexes opened higher on Friday, powered by a rally in mega-cap stocks after a downbeat jobs report eased valuation concerns.

The Dow Jones Industrial Average rose 29.74 points, or 0.09 per cent, at the open to 34,578.27.

The S&P 500 opened higher by 8.72 points, or 0.21 per cent, at 4,210.34, while the Nasdaq Composite gained 90.25 points, or 0.66 per cent, to 13,723.09 at the opening bell.

REUTERS