January Jobs Data Surpasses Expectations, US Stocks Rise
The US stock market opened on a strong note today, with the Dow Jones Index rising 0.11%, the S&P 500 surging 0.6%, and the Nasdaq climbing 0.76%. Market sentiment has improved significantly.
Outstanding Stock Performance: Retail and Tech Shine
Shopify shares surged 8.3% after announcing a $2 billion stock buyback plan, boosting investor confidence. Micron Technologies also saw a 6.1% gain, with Morgan Stanley raising its price target to $450 per share.
- Dow Jones Index rose 0.11% at open
- S&P 500 gained 0.6% at open
- Nasdaq increased 0.76% at open