US stocks start day mostly higher, boosted by trade talks

Major stock market indexes on Wall Street opened mostly higher on Friday as investor confidence increased after the United States and China revealed they will be holding trade talks in October. However, gains may have been somewhat subdued as nonfarm payroll data showed a worse-than-expected increase in August and US President Donald Trump tweeted that he regrets appointing Jerome Powell as the head of the US Federal Reserve.

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The Dow Jones Industrial Average increased 0.18% in the first minute of trading.

The Nasdaq 100 started the day in the green, but was down minutes later and traded 0.11% in the red at 9:33 am ET. Facebook was the worst trading stock in the index as its shares fell 1.37% at 9:35 am ET after the New York Attorney General’s office announced an anti-trust probe against the social media giant.

The S&P 500 was up by 0.09% at 9:30 am ET.

The euro was 0.11% in the green, compared to the dollar, as it went for 1.10468 at 9:32 am ET. The dollar declined 0.23% against the yen and traded for 106.6825 at 9:38 am ET.