US Stocks Higher on Weak Jobs Data; Nasdaq Leads Gains
US stocks opened higher on Friday following a weaker-than-expected jobs report, easing concerns about further Federal Reserve rate hikes. The Dow Jones Industrial Average rose 0.6%, the S&P 500 gained 0.7%, and the Nasdaq Composite climbed 1.3%.
US stocks opened higher on Friday after a weaker-than-expected jobs report eased concerns that the Federal Reserve could raise interest rates again this month. 7%. 3%, led by g…