FILE PHOTO: Morning sunlight falls on the facade of the New York Stock Exchange (NYSE) building after the start of Thursday's trading session in Manhattan in New York City, New York, U.S., January 28, 2021.
REUTERS/Mike Segar/File Photo(Reuters) - U.S. stocks opened higher on Thursday, shrugging off a bigger-than-expected jump in May consumer prices that raised concerns of early policy tightening by the Federal Reserve, while another report showed the labor market remained under pressure.
The Dow Jones Industrial Average rose 55.37 points, or 0.16%, at the open to 34,502.51.
The S&P 500 opened higher by 9.01 points, or 0.21%, at 4,228.56, and the Nasdaq Composite gained 22.13 points, or 0.16%, to 13,933.88 at the opening bell.
Mike Segar, shrugging
New York Stock Exchange, REUTERS, Federal Reserve, Dow Jones, Nasdaq
Manhattan, New York City , New York, U.S