Stocks Opened Higher after Jobs Data

U.S. stocks opened higher on Friday as investors dug into the details of the jobs report. The Dow Jones Industrial Average lately was up 60.07 points, or 0.38%, at 15,688.60. The S&P 500 gained 10.05 points, or 0.57%, at 1,783.48. The Nasdaq Composite was up 30.30 points, or 0.75%, at 4,087.42.

U.S. employers hired far fewer workers than expected in January and job gains for the prior month were barely revised up. Nonfarm payrolls rose only 113,000, the Labor Department said on Friday.

Apple Inc. has bought $14 billion of its own shares in the two weeks since reporting financial results that disappointed Wall Street, Chief Executive Tim Cook said in an interview.

Political and financial upheaval in some of the world’s largest emerging economies is driving a new wave of rich migrants to London’s supercharged property market as a place to park their wealth, data from a leading real estate agency showed on Friday.