US STOCKS S&P 500, Nasdaq open at record high on stimulus progress, job market rebound

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Traders work on the floor of the New York Stock Exchange, (NYSE) in New York

Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, NY, U.S., April 30, 2018. REUTERS/Brendan Mcdermid/Files Acquire Licensing Rights

Feb 5 (Reuters) – The S&P 500 and the Nasdaq opened at record highs on Friday on signs of progress towards more economic stimulus, while a closely watched jobs report confirmed the labor market was stabilizing.

The Dow Jones Industrial Average (.DJI) rose 38.0 points, or 0.12%, at the open to 31093.81. The S&P 500 (.SPX) rose 6.6 points, or 0.17%, at the open to 3878.3​, while the Nasdaq Composite (.IXIC) rose 47.1 points, or 0.34%, to 13824.878 at the opening bell.

Reporting by Devik Jain in Bengaluru; Editing by Maju Samuel

Our Standards: The Thomson Reuters Trust Principles.

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