May 5, 2017 / 1:11 PM / 3 months ago

S&P, Nasdaq open higher, IBM weighs down Dow

1 Min Read

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, U.S., December 28, 2016.Andrew Kelly/File Photo

REUTERS - The S&P 500 and the Nasdaq Composite opened higher on Friday after a report showed U.S. job growth accelerated sharply last month, but a drop in IBM kept the Dow in negative territory.

The Dow Jones Industrial Average was down 7.14 points, or 0.03 percent, at 20,944.33.

The S&P was up 5.14 points, or 0.22 percent, at 2,394.66 and the Nasdaq was up 16.51 points, or 0.27 percent, at 6,091.84.

Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Savio D'Souza

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