Wall Street Rises at Open After Fresh Jobs Data, Treasury Yields Retreat

Wall Street Rises at Open After Fresh Jobs Data, Treasury Yields Retreat
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, on Sept. 11, 2023. Brendan McDermid/Reuters
Reuters
Updated:
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Wall Street’s main indexes opened higher on Wednesday after data pointed to a cooling labor market, while a pullback in U.S. Treasury yields from their multi-year highs also supported investor sentiment.

The Dow Jones Industrial Average rose 31.80 points, or 0.10 percent, at the open to 33,034.18.

The S&P 500 opened higher by 4.38 points, or 0.10 percent, at 4,233.83, while the Nasdaq Composite gained 33.45 points, or 0.26 percent, to 13,092.92 at the opening bell.