U.S. stocks rose at the start of Friday’s trade as Wall Street looked to end a three-day drop, after an economic snapshot of consumers’ health buoyed investor sentiment. The S&P 500 SPX, +0.01% rose 0.4% to 3,498. The Dow Jones Industrial Average DJIA, +0.39% advanced 166 points, or 0.6%, to 28,660. The Nasdaq Composite COMP, -0.36% was up 0.5% to 11,769. U.S. retail sales in September rose 1.9%, compared against consensus estimates of a 1.2% increase. The jump in spending helped to ease worries that consumers would cut back as stimulus checks and additional unemployment benefits ended. Shares of Boeing Co. BA, +1.89% received a boost after the European Union’s aviation regulator said the 737 Max jet was safe enough to fly again in Europe by the end of 2020.
Stocks open higher as Wall Street looks to end three-day skid after jump in retail sales
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