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Wall St rises on labor market data, higher oil

Health care stocks were among the leaders, boosted by Pfizer's offer to purchase Hospira in a multi-billion dollar deal

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

Reuters New York

US stocks rose at the open on Thursday, following an upbeat report on the labor market and as energy shares tracked oil prices higher.

The Dow Jones industrial average rose 86.44 points, or 0.49 percent, to 17,759.46, the S&P 500 gained 9.57 points, or 0.47 percent, to 2,051.08 and the Nasdaq Composite added 11.62 points, or 0.25 percent, to 4,728.33.

Health care stocks were among the leaders, boosted by Pfizer's offer to purchase Hospira in a multi-billion dollar deal.

 

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First Published: Feb 05 2015 | 8:09 PM IST

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