Thursday, May 13

Wall Street opens higher after strong jobs data, calmer tone on trade

(Reuters) – U.S. stocks opened higher on Friday, after data showed domestic job growth increased by the most in 10 months in November, adding to an upbeat mood after President Donald Trump said the trade talks with China were “moving right along”.

The Dow Jones Industrial Average .DJI rose 161.89 points, or 0.58%, at the open to 27,839.68. The S&P 500 .SPX opened higher by 17.19 points, or 0.55%, at 3,134.62. The Nasdaq Composite .IXIC gained 63.55 points, or 0.74%, to 8,634.25 at the opening bell.

Reporting by Shreyashi Sanyal in Bengaluru; Editing by Amy Caren Daniel

Our Standards:The Thomson Reuters Trust Principles.

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