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Wall Street opens higher after jobs data, Draghi



06 September 2012 @ 11:40 pm AEST

NEW YORK -

Stocks rose on Thursday on signs of improvement in the U.S. labor market and news that the European Central Bank agreed on a new bond-buying program to lower struggling euro zone countries' borrowing costs.

The Dow Jones industrial average <.DJI> gained 90.05 points, or 0.69 percent, to 13,137.53. The Standard & Poor's 500 Index <.SPX> rose 8.58 points, or 0.61 percent, to 1,412.02. The Nasdaq Composite Index <.IXIC> climbed 23.09 points, or 0.75 percent, to 3,092.36.

(Reporting by Chuck Mikolajczak, editing by Dave Zimmerman)

Copyright 2009 Thomson Reuters. All rights reserved.

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