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Wall Street opens higher after upbeat jobs data

Dow Jones industrial average rose 54.58 points, or 0.33%, to 16,568.68

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

Reuters

US stocks opened higher on Friday as Chinese stocks recovered, oil prices rose slightly and data showed that hiring surged in December in the United States.

The Dow Jones industrial average rose 54.58 points, or 0.33%, to 16,568.68, the S&P 500 gained 7.7 points, or 0.4%, to 1,950.79 and the Nasdaq composite added 33.94 points, or 0.72%, to 4,723.37.

 

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First Published: Jan 08 2016 | 8:04 PM IST

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