US stocks: S&P, Nasdaq open higher as surprise payrolls fall quells rate-hike fears

· economictimes.indiatimes.com

US stock markets opened higher on Friday after unexpected job losses. The S&P 500 and Nasdaq saw gains at the opening bell. This economic data raised doubts about a September interest rate hike. The Dow Jones Industrial Average experienced a slight decline at the open. Markets reacted to the latest employment figures released by the government.

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