Stocks are opening higher on Wall Street as traders were encouraged by news of strong job gains in the US last month, AP reported.
The gains early Friday came a day after the market had its worst drop in three months.
Retailers and technology companies had the biggest gains. Energy stocks rose along with the price of oil.
The Dow Jones industrial average gained 82 points, or 0.5 percent, to 16,591 as of 9:35 a.m. Eastern time. The Dow lost 392 points the day before.
The Standard & Poor's 500 index rose 11 points, or 0.6 percent, to 1,953. The Nasdaq composite rose 44 points, or 1 percent, to 4,733.
China's market also rose. The benchmark index in Shanghai gained 2 percent.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.17 percent.
GMT 20:10 2016 Friday ,08 January
US Wholesale Inventories Decline, Sales PlungeGMT 13:38 2016 Thursday ,07 January
US stocks tumble on geopolitical tensions, diving oilMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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