Wall Street climbs after U.S. payrolls report

U.S. stock indices opened Friday higher following the U.S. payrolls report, which despite the mixed data in it, showcased the underlining strength of the labor sector, alluded to in the Federal Reserve's last meeting.
 
New jobs rose to 227 thousand in January from 156K in December, restoring optimism in the markets and offsetting the unemployment rate's rise to 4.8% from 4.7%.
 
The stable labor sector offers support to investments despite recent tensions from U.S. president Donald Trump's policies, which pushed Wall Street lower from record highs.
 
The dollar wavered today against a basket of data after setting a three-month trough this week, which helped shares of American exporters today.
 
Standard and Poor's 500 rose 0.42% to 9.49 points to 2,290.34, while Dow Jones added 0.53%, or 105.65 points to 19,990.56.
 
Tech-heavy NASDAQ added 0.27%, or 15.41 points to 5,651.61.