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View Full Version : Wall Street climbs in early trading after jobs report



Wireless News
06-07-2013, 10:10 AM
http://l.yimg.com/bt/api/res/1.2/gQsxdFE9pajGh37w1nSKVA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-07T113819Z_1_CBRE9560WBY00_RTROPTP_2_MARKETS-STOCKS.JPG (http://news.yahoo.com/stock-futures-slip-caution-ahead-jobs-report-113819598.html)By Angela Moon NEW YORK (Reuters) - Stocks rose on Friday after a jobs report suggested the economy still needs the Federal Reserve's support, soothing some concerns that the Fed might end its stimulus efforts sooner than expected. The U.S. nonfarm payrolls report showed moderate growth in the labor market in May, but not enough forward momentum to suggest that the Fed will put the brakes on its bond-buying program in the near future. The S&P 500 has advanced about 13 percent so far this year, partly on the belief the Fed's stimulus would remain in place. ...



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