TELETRADER News
11/4/2022, 2:31 PM (Source: TeleTrader)
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US opens higher after nonfarm payrolls report

Major stock market indexes in the United States opened higher on Friday after the newest report on nonfarm payrolls in the country showed a rise in the figure higher than analysts predicted. The markets also reacted to the upbeat financial results that companies such as Amgen Inc., Dropbox Inc., and Starbucks Corp. reported after the previous day's bell.

The Dow Jones Industrial Average traded 1.12% or 357 points at the opening as Nike Inc. surged by 5.62%. The Nasdaq 100 rose by 2.07% or 221 points, with MercadoLibre Inc. soaring by 13.13%. The S&P 500 grew by 1.60% as the Estee Lauder Companies Inc. jumped by 11.77%.

The euro increased by 1.25% against the dollar at 9:28 am ET to sell for $0.98702.

Baha Breaking News (BBN) / JR