Wall Street Opens Higher on Alphabet Boost, Payrolls Data Eyed

Wall Street Opens Higher on Alphabet Boost, Payrolls Data Eyed
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City on Oct. 23, 2023. (Brendan McDermid/Reuters)
Reuters
12/7/2023
Updated:
12/7/2023
0:00

Wall Street’s main indexes opened higher on Thursday, propped up by gains in Alphabet shares, while investors looked forward to monthly payrolls data for clues on the Federal Reserve’s policy actions.

The Dow Jones Industrial Average rose 69.74 points, or 0.19 percent, at the open to 36,124.17. The S&P 500 opened higher by 19.50 points, or 0.43 percent, at 4,568.84, while the Nasdaq Composite gained 83.72 points, or 0.59 percent, to 14,230.44 at the opening bell.