Wall Street indexes open higher as jobs report boosts unchanged-rate bets

  • Wall Street’s main indexes opened higher after a softer-than-expected jobs report.
  • 1.27%: Nasdaq Composite gained 341.47 points to reach 27,216.91.
  • 09:30 a.m. ET: Dow, S&P 500 and Nasdaq levels were recorded at the opening bell.

Wall Street's main indexes opened higher on Friday after a softer-than-expected jobs report increased prospects for an unchanged U.S. interest rate this month. The report prompted a larger decline in Treasury yields, while lower oil prices also supported investor sentiment. At 09:30 a.m. ET, the Dow Jones Industrial Average rose 340.08 points, or 0.67%, to 51,266.64; the S&P 500 gained 68.27 points, or 0.89%, to 7,734.72; and the Nasdaq Composite gained 341.47 points, or 1.27%, to 27,216.91.

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Wall Street indexes open higher as jobs report boosts unchanged-rate bets - CoinPost Terminal