US: Wall St rises at open after fresh jobs data, Treasury yields retreat

WALL Street’s main indexes opened higher on Wednesday (Oct 4) after data pointed to a cooling labour market, while a pullback in US Treasury yields from their multi-year highs also supported investor sentiment.

The Dow Jones Industrial Average rose 31.80 points, or 0.10 per cent, at the open to 33,034.18.

The S&P 500 opened higher by 4.38 points, or 0.10 per cent, at 4,233.83, while the Nasdaq Composite gained 33.45 points, or 0.26 per cent, to 13,092.92 at the opening bell. REUTERS