Wall Street opens higher after encouraging data
Wall Street opened higher on Wednesday after private sector payroll data showed job losses slowed in April and hit their lowest level since November, a fresh sign the U.S. economy's worst days may be past.
The Dow Jones industrial average <.DJI> gained 83.71 points, or 1.00 percent, to 8,494.36. The Standard & Poor's 500 Index <.SPX> rose 8.35 points, or 0.92 percent, to 912.15. The Nasdaq Composite Index <.IXIC> added 14.75 points, or 0.84 percent, to 1,768.87.
(Reporting by Chuck Mikolajczak ;Editing by Padraic Cassidy)
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