Stocks open higher as Wall Street looks to limit weekly losses

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U.S. stocks rose at the start of Friday's session as markets looked to bounce back from a turbulent holiday-shortened week that saw investors rattled by weak labor-market data and worries over higher borrowing costs.

U.S. stocks rose at the start of Friday's session as markets looked to bounce back from a turbulent holiday-shortened week that saw investors rattled by weak labor-market data and worries over higher borrowing costs. The S&P 500 SPX, +0.21% rose 0.3% to 3,924. The Dow Jones Industrial Average DJIA, +0.27% advanced 40 points, or 0.1%, to 31,533.

The Nasdaq Composite COMP, +0.41% gained 0.5% to 13,930. Investors are keeping their eyes on Washington, after Treasury Secretary Janet Yellen repeated her calls for lawmakers to go big on a new stimulus package. Shares of Deere & Co. DE, +10.69% jumped after the construction, agriculture and turf care equipment maker reported big profit and revenue beats for the fiscal first quarter.

 

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Markets got to have a rest to climb.

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