Wall Street’s major indexes opened higher Wednesday after stronger-than-expected jobs data underscored the resilience of the U.S. economy.
The latest labor report showed the unemployment rate edged lower in January, reinforcing confidence in the strength of the labor market.
The Dow Jones Industrial Average rose 55 points, or 0.11%, to 50,243.15 at the open.
The S&P 500 gained 34.7 points, or 0.50%, reaching 6,976.48 in early trading.
The tech-heavy Nasdaq Composite advanced 175.8 points, or 0.76%, to 23,278.29.
Market participants continue to assess how robust employment trends may influence Federal Reserve policy in the months ahead.
The upbeat start highlights renewed optimism that a resilient jobs market can support broader economic stability.
