Wall Street Climbs at Open After August Jobs Report

Wall Street Climbs at Open After August Jobs Report
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Aug. 22, 2022. (Brendan McDermid/Reuters)
Reuters
9/2/2022
Updated:
9/2/2022

U.S. stock indexes opened higher on Friday (Sept. 2) after data showed stronger-than-expected jobs growth in August, but cooling wage increases and a rise in the unemployment rate eased some concerns about inflation.

The Dow Jones Industrial Average rose 192.08 points, or 0.61 percent, at the open to 31,848.50.

The S&P 500 opened higher by 27.81 points, or 0.70 percent, at 3,994.66, while the Nasdaq Composite gained 114.01 points, or 0.97 percent, to 11,899.14 at the opening bell.

Related Topics