US stocks open up as rate hike chances dim
Disappointing jobs data on Friday hardened views that the Federal Reserve will not raise interest rates this year.
 "A Wall St. sign is seen outside the entrance of the New York Stock Exchange in New York's financial district")
A Wall St. sign is seen outside the entrance of the New York Stock Exchange in New York's financial district
US stocks opened higher on Monday, after disappointing U.S. jobs data on Friday hardened views that the Federal Reserve will not raise interest rates this year.
The Dow Jones industrial average rose 99.55 points, or 0.6 percent, to 16,571.92. The S&P 500 gained 13.79 points, or 0.71 percent, to 1,965.15 and the Nasdaq composite added 35.17 points, or 0.75 percent, to 4,742.95
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First Published: Oct 05 2015 | 7:05 PM IST