U.S. Stocks Rise on Hopes Weak August Jobs Report Delays Fed Hike

U.S. stocks moved slightly higher early Friday, after a weaker-than-expected August jobs report fanned hopes of a delayed rate hike from the Federal Reserve. The economy added 151,000 jobs during the month, missing estimates of 175,000. The unemployment rate held steady at 4.9 percent. 'There's only a 12 percent chance of a September rate hike and I think of special importance is the fact that only 126,000 were created in the private sector,' said John Lonski, chief capital markets economist at Moody's Analytics. Meanwhile, Ireland is appealing the European Union ruling saying it must collect $14.5 billion in back taxes from Apple (AAPL) - Get Report . Apple shares are up 0.8 percent. Hewlett Packard Enterprise (HPE) - Get Report shares were in focus on reports it is mulling a sale of its software division for roughly $8 billion to $10 billion, according to Reuters. Private equity firm Thomas Bravo may be among the buyers, the report said. TheStreet's Scott Gamm reports from Wall Street.