Off The Wire
Wall Street opens higher after solid jobs report
(Reuters) - Wall Street’s main indexes opened sharply higher on Friday after data showed faster-than-expected jobs growth in February, reinforcing bets on an economic rebound driven by massive fiscal stimulus and vaccination drives.
The Dow Jones Industrial Average rose 105.0 points, or 0.34%, at the open to 31029.18. The S&P 500 rose 25.1 points, or 0.67%, at the open to 3793.58, while the Nasdaq Composite rose 136.6 points, or 1.07%, to 12860.039 at the opening bell.
Reporting by Medha Singh in Bengaluru; Editing by Maju Samuel