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Post by bot on Jul 7, 2016 18:24:07 GMT -5
U.S. stocks open slightly higher after upbeat employment data
U.S. stocks opened higher on Thursday as investors balanced a pair of stronger-than-expected employment reports against the implications of the U.K.s vote to leave the European Union. Investors are waiting for the official non-farm payrolls report due on Friday. In corporate earnings, PepsiCo Inc. shares rose 2% after the company reported better-than-expected second-quarter earnings on Thursday. The S&P 500 opened 3 points, or 0.2%, higher at 2,102. The Dow Jones Industrial Average added 23 points, or 0.1%, to 17,941. The Nasdaq Composite was up 11 points, or 0.2% at 4.871.
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