U.S. stocks open higher, on track for modest weekly gains

U.S. stock-market indexes opened higher on Friday, boosted by a stronger-than-expected monthly jobs report for November. The U.S. economy added 228,000 jobs last month, while the unemployment rate remained at 4.1%. The hourly average earnings rose 0.2%. The S&P 500 opened 8 points, or 0.3, higher at 2,645. The index is on track to finish the week slightly higher. The Dow Jones Industrial Average was up 68 points, or 0.3%, to 24,279. The blue-chip index also looked set to book modest weekly gains. The Nasdaq Composite index advanced by 48 points, or 0.7%, to 6,861 at the open. The tech-heavy index is on track to finish the week little changed.

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From:: Stock Market News

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