US: Wall St opens higher as weak jobs data boosts rate-hike pause bets

WALL Street’s main indexes opened higher on Friday (Nov 3) after data pointing to slowing job growth boosted expectations that the Federal Reserve was done with its rate hikes.

The Dow Jones Industrial Average rose 149.75 points, or 0.44 per cent, at the open to 33,988.83.

The S&P 500 opened higher by 16.45 points, or 0.38 per cent, at 4,334.23, while the Nasdaq Composite gained 68.66 points, or 0.52 per cent, to 13,362.85 at the opening bell. REUTERS