US STOCKS SNAPSHOT-Wall St opens higher after jobs data; debt default averted

US STOCKS SNAPSHOT-Wall St opens higher after jobs data; debt default averted

U.S. stock indexes opened higher on Friday after data showed a moderation in wage growth in May boosted bets that the Federal Reserve will skip raising interest rates this month, while investors cheered the country averting a debt default.

The Dow Jones Industrial Average rose 126.01 points, or 0.38%, at the open to 33,187.58.

The S&P 500 opened higher by 19.99 points, or 0.47%, at 4,241.01, while the Nasdaq Composite gained 89.50 points, or 0.68%, to 13,190.48 at the opening bell.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.