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US: Wall Street opens higher as jobs data eases slowdown fears

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Published Thu, Aug 8, 2024 · 09:45 PM
    • The Dow Jones Industrial Average rises 176.9 points, or 0.46 per cent, at the open to 38,940.38.
    • The Dow Jones Industrial Average rises 176.9 points, or 0.46 per cent, at the open to 38,940.38. PHOTO: AFP

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    WALL Street’s main indices opened higher on Thursday (Aug 8), bolstered by better-than-expected labour market data that eased worries of a slowdown in the world’s largest economy.

    The Dow Jones Industrial Average rose 176.9 points, or 0.46 per cent, at the open to 38,940.38.

    The S&P 500 rose 53.1 points, or 1.02 per cent, to 5,252.57​, while the Nasdaq Composite rose 212.5 points, or 1.31 per cent, to 16,408.265. REUTERS

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