US opens higher as jobs boost continues to lift markets

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The US market has risen in early trading as investors' positive mood continues following the US jobs report released late last week.

The S&P 500 is currently up around 0.7% at 1,643 points, on the back of the government payroll report and in anticipation of the quarterly earnings report due out after the close. Last week it emerged the country added a net 195,000 new jobs in June, well above economists' expectations of 165,000. Revisions to data for April and May added a further 70,000 jobs to previous estimates. The benchmark index rose 1% on Friday after the report was released. Elsewhere, the FTSE 100 remained in positive territory today,up 1.3% at 6,474 points shortly after the US opened. The index has been ...

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