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.
Name (required) *
E-mail (required, but will not be published) *
Notify me of follow-up comments
Rudi Garcia faces a daunting first assignment as Marseille coach with the struggling French giants travelling to bitter rivals and reigning champions…
The facade of the world's tallest building, the Burj Khalifa in the Gulf emirate of Dubai, was lit up in pink Thursday…
The London Fashion Week (LFW) is one of the most sought out shows of the year. LFW is an annual fashion event…
Powered and Developed by FilmMatters
Copyright © 2016 Arabtoday