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US Stocks Market Open Higher as Jobless Claims Data Calm Rate Hike Jitters

On Thursday, the main indexes on Wall Street opened higher, likely because data from the U.S. Labor Department showed signs of a cooling labor market. This eased worries over future interest rate hikes by the Federal Reserve.

The Dow Jones Industrial Average rose 145.72 points, or 0.44%, at the open to 33,021.43. The Nasdaq Composite gained 108.17 points, or 1.06%, to 10,321.46, S&P 500 opened higher by 22.23 points, or 0.59%, at 3,805.45 at the opening bell.

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