Wall Street Rises at Open After Fresh Jobs Data, Treasury Yields Retreat

October 4, 2023Updated: October 4, 2023

Wall Street’s main indexes opened higher on Wednesday after data pointed to a cooling labor market, while a pullback in U.S. Treasury yields from their multi-year highs also supported investor sentiment.

The Dow Jones Industrial Average rose 31.80 points, or 0.10 percent, at the open to 33,034.18.

The S&P 500 opened higher by 4.38 points, or 0.10 percent, at 4,233.83, while the Nasdaq Composite gained 33.45 points, or 0.26 percent, to 13,092.92 at the opening bell.

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