U.S. stocks open higher after jobs report as Dow attempts to extend winning streak

The U.S. stock market opened higher on Friday, with the Dow Jones Industrial Average heading for a potential fifth straight day of gains, as investors weighed a softer-than-anticipated report on jobs growth. The Dow Jones Industrial Average DJIA, +0.45% was up 0.5% soon after the opening bell, while the S&P 500 SPX, +0.65% gained 0.5% and the Nasdaq Composite COMP, +0.56% rose 0.

4%, according to FactSet data, at last check. The U.S. economy added 150,000 jobs in October while the unemployment rate edged up to 3.9% from 3.8%, according to a report Friday from the Labor Department. Economists polled by the Wall Street Journal had forecast that the U.S. added 170,000 jobs last month. Treasury yields dropped after the employment report, with the 10-year Treasury yields down 17 basis points on Friday morning at around 4.5%.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks open higher as Treasury yields fall and investors weigh jobless claims dataChristine Idzelis is a markets reporter at MarketWatch and is based in New York.
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. stocks erase premarket losses and open higher as Fed meeting awaitsJoseph Adinolfi is a markets reporter at MarketWatch.
Source: MarketWatch - 🏆 3. / 97 Read more »

Former Goldman Sachs investment banker Brijesh Goel sentenced to 36 months in insider trading caseSteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Source: MarketWatch - 🏆 3. / 97 Read more »

Crocs' stock drops sharply after its Q4 earnings forecast falls short of consensus estimatesSteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Source: MarketWatch - 🏆 3. / 97 Read more »