September 01, 2023 - 6:45 AM
NEW YORK (AP) — Stocks are opening higher on Wall Street after a closely watched report showed that the job market, while still healthy, has been showing some signs of cooling. That’s leading markets to hope that the Federal Reserve can soon ease up on its campaign to slow down the economy by raising interest rates. The S&P 500 was up 0.4% in the early going. The index is coming off its first monthly loss since February. The Dow rose 144 points, or 0.4%, and the Nasdaq composite was up 0.2%.