Nasdaq, S&P 500 Open Higher on Tech Earnings Cheer; Strong Jobs Data Weighs

Nasdaq, S&P 500 Open Higher on Tech Earnings Cheer; Strong Jobs Data Weighs
he Nasdaq logo is displayed at the Nasdaq Market site in New York on Sept. 2, 2015. Brendan McDermid/Reuters
Reuters
Updated:

The benchmark S&P 500 and the tech-laden Nasdaq opened higher on Friday as investors cheered robust quarterly reports from Meta Platforms and Amazon.com, while a strong jobs report kept the upbeat sentiment in check.

The S&P 500 opened higher by 9.87 points, or 0.20 percent, at 4,916.06, while the Nasdaq Composite gained 41.52 points, or 0.27 percent, to 15,403.16 at the opening bell.

The Dow Jones Industrial Average fell 71.74 points, or 0.19 percent, at the open to 38,448.10.