Traders work on the floor of the New York Stock Exchange in New York
Keith Bedford  /  REUTERS
Traders work on the floor of the New York Stock Exchange in New York, January 2, 2013. REUTERS/Keith Bedford
updated 1/4/2013 9:37:03 AM ET 2013-01-04T14:37:03

NEW YORK (Reuters) - Stocks opened slightly higher after a key U.S. jobs report showed the pace of hiring by employers had eased slightly in December but gave signals of some momentum in the labor market's recovery since the 2007-09 recession.

Though the data showed lackluster economic growth was unable to make a dent in the still-high U.S. unemployment rate, it calmed fears about the possibility of the U.S. Federal Reserve ending its highly stimulative monetary policy.

The Dow Jones industrial average <.DJI> was up 17.12 points, or 0.13 percent, at 13,408.48. The Standard & Poor's 500 Index <.SPX> was up 1.49 points, or 0.10 percent, at 1,460.86. The Nasdaq Composite Index <.IXIC> was up 0.75 points, or 0.02 percent, at 3,101.32.

(Editing by Bernadette Baum)

(c) Copyright Thomson Reuters 2013. Check for restrictions at: http://about.reuters.com/fulllegal.asp

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  1. Traders work on the floor of the New York Stock Exchange in New York
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