Wall Street rises as jobs report reins in rate bets

Image
Reuters
Last Updated : Sep 02 2016 | 7:23 PM IST

(Reuters) - Wall Street was higher at the open on Friday after data showed U.S. employment growth slowed more than expected in August, which could rule out an interest rate increase this month.

The Dow Jones industrial average rose 84.78 points, or 0.46 percent, to 18,504.08, the S&P 500 gained 9.05 points, or 0.42 percent, to 2,179.91 and the Nasdaq composite rose 23.83 points, or 0.46 percent, to 5,251.03.

(Reporting by Tanya Agrawal)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Sep 02 2016 | 7:05 PM IST

Next Story