NEW YORK (AP) — The latest on developments in global financial markets (all times local):
Stocks are opening higher even though U.S. employers added fewer jobs than expected in September.
The weaker-than-expected jobs report Friday appeared to make it less likely that the Federal Reserve will raise interest rates.
High-dividend utility stocks, which would benefit low interest rates, rose more than the rest of the market.
Energy companies rose as the price of crude oil reversed a weeklong slump and turned higher. Marathon Oil rose 3 percent.
The Dow Jones industrial average rose 88 points, or 0.5 percent, to 18,507.
The Standard & Poor's 500 gained 9 points, or 0.4 percent, to 2,179. The Nasdaq composite rose 16 points, or 0.3 percent, to 5,243.
Bond prices fell. The yield on the 10-year Treasury note rose to 1.59 percent.