US Stocks Open Higher on Strong Jobs Data and Chip Gains
Wall Street opened higher on Friday as a robust employment report eased labor market concerns. A recovery in chipmaker stocks further supported market gains.
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The United States equity markets rose in the morning after a stronger-than-expected employment report eased labor market cooling concerns. The S&P 500 gained 32.78 points, or 0.45%, to 7,369.89 as chipmakers rebounded from recent losses.
