USA: Stocks edge higher following signs of wage growth cooling
NEW YORK (AP) — Stocks are opening mostly higher on Wall Street and Treasury yields are falling on hopes that the nation’s high inflation will keep cooling after a mixed report on the job market showed that gains for workers’ pay unexpectedly slowed last month. The S&P 500 rose 0.2% early Friday, the Dow Jones Industrial Average rose 0.3% and the Nasdaq slipped 0.2%. The government reported wages for workers across the country rose 4.6% in December from a year earlier, the smallest increase since two summers ago.