US: Wall St opens higher after upbeat jobs data

US stocks opened higher on Friday as Chinese stocks recovered, oil prices rose slightly and data showed that hiring surged in December in the United States. 

PHOTO: AFP

JAN 8, 201610:49 PM

[NEW YORK] US stocks opened higher on Friday as Chinese stocks recovered, oil prices rose slightly and data showed that hiring surged in December in the United States.

The Dow Jones industrial average rose 54.58 points, or 0.33 per cent, to 16,568.68, the S&P 500 gained 7.7 points, or 0.4 per cent, to 1,950.79 and the Nasdaq composite added 33.94 points, or 0.72 per cent, to 4,723.37.

REUTERS