U.S. stocks staged a strong rally on Friday, shrugging off a surprisingly weak jobs report which had led markets lower earlier in the session. Friday’s rally helped indexes end the volatile week with gains. The S&P 500 closed 27.53 points, or 1.4%, higher at 1,951.35 and recorded a 1% gain over the week. The Dow Jones Industrial Average jumped 200.36 points, or 1.2%, to 16,472.37 and was 1% higher for the week. The Nasdaq Composite advanced 80.69 points, or 1.7%, to 4,707.78 and ended with a 0.5% weekly gain.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News