U.S. Stocks Open Higher, Still Eye Hefty Weekly Losses

By Anora Mahmudova Markets MarketWatch Pulse

U.S. stocks opened higher on Friday, rebounding from heavy losses over the previous two sessions. The impact of the stronger-than-expected monthly jobs report was muted, however. The main indexes were still looking to book steep weekly losses. The S&P 500 opened 10 points, or 0.5%, higher at 1,952. The Dow Jones Industrial Average added 80 points, or 0.5%, to 16,599. Meanwhile, the Nasdaq Composite began the day up 40 points, or 0.8%, at 4,730.

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