Posted: Oct 11, 2012 7:11 AM by Associated Press
NEW YORK (AP) - Stocks are opening higher after better-than-expected job numbers.
The Labor Department says applications for unemployment benefits fell last week to 339,000. That's the lowest in more than four years. Economists also look at the four-week average, and that hit a six-month low.
On Wall Street, the Dow Jones industrial average is up 62 points just after the opening bell at 13,406. That's after three days of declines.
The Standard & Poor's 500 index is up eight points in the early going at 1,440. The Nasdaq composite index is up 23 at 3,075.
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