US stock markets opened higher on Thursday, marking the final trading session of the week.
The Dow Jones Industrial Average and Nasdaq Composite posted early gains as investor sentiment improved following a volatile period for technology shares.
The broad-based advance reflects a shift in market positioning as participants digest the latest economic data.
The primary driver of the rally is a weaker-than-expected jobs report, which has significantly lowered the probability of further interest rate hikes by the Federal Reserve.
With inflation concerns easing and labor market softening, the path for monetary policy appears less restrictive than previously feared, providing a tailwind for risk assets.
Tesla Inc. (TSLA.O) emerged as a standout performer in the session.