Wall Street opens a tad higher after jobs data


NEW YORK (Reuters) - Stocks opened slightly higher after a key U.S. jobs report showed the pace of hiring by employers had eased slightly in December but gave signals of some momentum in the labor market's recovery since the 2007-09 recession.


Though the data showed lackluster economic growth was unable to make a dent in the still-high U.S. unemployment rate, it calmed fears about the possibility of the U.S. Federal Reserve ending its highly stimulative monetary policy.


The Dow Jones industrial average <.dji> was up 17.12 points, or 0.13 percent, at 13,408.48. The Standard & Poor's 500 Index <.spx> was up 1.49 points, or 0.10 percent, at 1,460.86. The Nasdaq Composite Index <.ixic> was up 0.75 points, or 0.02 percent, at 3,101.32.


(Editing by Bernadette Baum)



You're reading an article about
Wall Street opens a tad higher after jobs data
This article
Wall Street opens a tad higher after jobs data
can be opened in url
http://artofspadez.blogspot.com/2013/01/wall-street-opens-tad-higher-after-jobs.html
Wall Street opens a tad higher after jobs data