Make Kitco Your Homepage

Wall Street jumps at open as U.S. job growth accelerates

Kitco News

(Reuters) - Wall Street’s main indexes opened higher on Thursday, with the Nasdaq hitting a record high, as data showed the U.S. economy added jobs at a record pace in June, bolstering hopes of a post-pandemic economic rebound.

The Dow Jones Industrial Average rose 201.48 points, or 0.78%, at the open to 25,936.45. The S&P 500 opened higher by 27.78 points, or 0.89%, at 3,143.64, while the Nasdaq Composite gained 114.04 points, or 1.12%, to 10,268.67 at the opening bell.

Reporting by Devik Jain in Bengaluru; Editing by Saumyadeb Chakrabarty

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.