Wall Street Rises on Amazon Boost, US Jobs Growth Remains Moderate

Wall Street Rises on Amazon Boost, US Jobs Growth Remains Moderate
A street sign in front of the New York Stock Exchange in New York on June 14, 2022. Seth Wenig/AP Photo
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Wall Street’s main indexes opened higher on Friday after data showed the U.S. economy added fewer-than-expected jobs in July, while Amazon’s better-than-expected earnings countered Apple’s tepid sales forecast.

The Dow Jones Industrial Average rose 14.24 points, or 0.04 percent, at the open to 35,230.13.

The S&P 500 opened higher by 12.07 points, or 0.27 percent, at 4,513.96, while the Nasdaq Composite gained 66.24 points, or 0.47 percent, to 14,025.96 at the opening bell.