Dow on record high, Wall Street opens higher on jobs report

Stock markets in the United States started the trading session on Friday higher after the release of the jobs report, showing a less-than-expected rise in US nonfarm payrolls of 261,000, while the unemployment rate decreased to 4.1%, the lowest level since 2000, reports TeleTrader.

Meanwhile, investors are still digesting the nomination of Jerome “Jay” Powell for Fed chair by President Donald Trump yesterday.

The Dow Jones gained 0.11% at the open to hit another record high, as Apple Inc. became the first company with $900 billion valuation. The Nasdaq 100 added 0.29% at the opening bell, with MercadoLibre as the best performer.

Meanwhile, the S&P 500 rose 0.05% to start in the green, with Dentsply Sirona leading the way.

The euro was flat against the dollar, trading for 1.1654 at 2:34 pm CET.