FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 3, 2019. REUTERS/Brendan McDermid
(Reuters) – U.S. stocks opened higher on Friday after data showed a moderate increase in job growth in September, with the unemployment rate dropping to a 50-year low, easing worries of a sharp slowdown in the world’s largest economy.
The Dow Jones Industrial Average .DJI rose 70.66 points, or 0.27%, at the open to 26,271.70.
Reporting by Medha Singh in Bengaluru; Editing by Sriraj Kalluvila