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

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.