Make Kitco Your Homepage

Wall Street opens higher after solid jobs report

Kitco News

(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

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.