U.S. stocks open slightly higher
U.S. stocks open slightly higher
Stocks on Wall Street opened modestly higher Friday after the government reported another month of solid job gains.
Banks and technology companies rose the most in early trading. JPMorgan Chase rose 1.2%, and Cognizant Technology rose 1.5%.
The Labor Department reported that U.S. employers added 209,000 jobs in July, the second straight month of strong gains.
In earnings news, engineering company Fluor sank 7% after reporting a surprise loss in its most recent quarter.
The Dow Jones industrial average rose 43 points, or 0.2%, to 22,069.
The Standard & Poor's 500 index gained 5 points, or 0.2%, to 2,477. The Nasdaq composite climbed 12 points, or 0.2%, to 6,352.
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