US: Wall St rises on Amazon boost, US jobs growth remains moderate

WALL Street’s main indexes opened higher on Friday (Aug 4) after data showed the US economy added fewer-than-expected jobs in July, while Amazon’s better-than-expected earnings countered Apple’s tepid sales forecast.

The Dow Jones Industrial Average rose 14.24 points, or 0.04 per cent, at the open to 35,230.13.

The S&P 500 opened higher by 12.07 points, or 0.27 per cent, at 4,513.96, while the Nasdaq Composite gained 66.24 points, or 0.47 per cent, to 14,025.96 at the opening bell. REUTERS