US stocks open higher after nonfarm payrolls data

The Dow Jones Industrial Average rose 68.0 points, or 0.18%, at the open to 38664.98.

Wall Street's main stock indexes opened higher on Friday after stronger-than-expected March jobs data pointed to resilience in the labor market even as it meant the Federal Reserve would be in no rush to cut interest rates.

The Industrial Average rose 68.0 points, or 0.18%, at the open to 38664.98. The S&P 500 rose 11.7 points, or 0.23%, at the open to 5158.95, while the Composite rose 46.3 points, or 0.29%, to 16095.398 at the opening bell.

Source: Stocks-Markets-Economic Times