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7/8, 4:59 PM (Source: TeleTrader)
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US markets turn to gains after nonfarm payrolls data

US stock markets turned to gains on Friday after being in the red territory at the opening.

Earlier in the day, the Labor Statistics Bureau had released its latest report saying that total nonfarm payroll employment in the United States increased by 372,000 in June, above market estimates, and the unemployment rate remained unchanged at 3.6%.

The Dow Jones rose by 0.25% at 10:58 am ET, while the S&P 500 increased by 0.14%, and the Nasdaq 100 added 0.07%. The euro went up by 0.17% to sell for $1.01784 at 10:57 am ET.

Baha Breaking News (BBN) / JG