U.S. stocks opened higher on Friday as Apple’s upbeat results underscored resilience in corporate earnings, while a stronger-than-expected jobs report tempered expectations of interest rate cuts from the Federal Reserve.

The Dow Jones Industrial Average (.DJI) rose 120.81 points, or 0.36%, at the open to 33,248.55. The S&P 500 (.SPX) opened higher by 23.51 points, or 0.58%, at 4,084.73, while the Nasdaq Composite (.IXIC) gained 106.63 points, or 0.89%, to 12,073.03 at the opening bell.