Stocks are moving higher in early trading on Wall Street after the government reported that employers stepped up hiring last month.
The Dow Jones industrial average was up 34 points at 13,266 shortly after the opening bell Friday.
The Standard & Poor's 500 index rose five points to 1,432 and the Nasdaq composite index rose six points to 3,026.
The Labor Department reported that U.S. employers added 171,000 jobs in October. It also said hiring was stronger in August and September than first thought. The unemployment rate inched up to 7.9 percent from 7.8 percent
Starbucks, TripAdvisor and Priceline.com jumped in early trading after reporting strong earnings late Thursday.
Global markets also rose.
The yield on the benchmark 10-year Treasury note rose to 1.76 percent from 1.73 percent late Thursday.
Copyright 2016 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus