US: Wall St opens higher on modest job growth in Sept
[NEW YORK] US stocks opened higher on Friday after data showed a moderate increase in job growth in September, with the unemployment rate dropping to a 50-year low, easing worries of a sharp slowdown in the world's largest economy.
The Dow Jones Industrial Average rose 70.66 points, or 0.27 per cent, at the open to 26,271.70.
The S&P 500 opened higher by 7.93 points, or 0.27 per cent, at 2,918.56. The Nasdaq Composite gained 36.17 points, or 0.46 per cent, to 7,908.44 at the opening bell.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard