Wall Street open sharply higher on strong data, earnings

Wall Street rose sharply on Thursday morning as strong labor market data and upbeat corporate results buoyed investor sentiment about U.S. economic growth. Kohl's kicked off the two-day earnings run of department store chains. Macy's shares soared 16 percent after the department store operator reported a smaller-than-expected drop in quarterly comparable store sales and said it would close 100 stores.