US stocks surge at open: S&P up 0.9%, Dow jumps 400 points

  • US stocks rallied on Friday after stronger-than-expected labor market data helped ease fears of an imminent economic slowdown. The Dow Jones Industrial Average surged 373 points, or 0.9%, while the S&P 500 gained 0.9%, briefly touching the 6,000 level for the first time since late February.