Don’t miss the latest developments in business and finance.

Wall Street ends up; jobs data eases Fed rate hike concerns

Image
Reuters NEW YORK
Last Updated : Apr 07 2015 | 1:48 AM IST

NEW YORK (Reuters) - U.S. stocks rose on Monday as expectations that the Federal Reserve will push any interest rate increases further into the year offset concerns over Friday's surprisingly weak jobs report.

The Dow Jones industrial average rose 119.22 points, or 0.67 percent, to 17,882.46, the S&P 500 gained 13.81 points, or 0.67 percent, to 2,080.77 and the Nasdaq Composite added 30.38 points, or 0.62 percent, to 4,917.32.

(Reporting by Ryan Vlastelica; Editing by Meredith Mazzilli)

More From This Section

First Published: Apr 07 2015 | 1:35 AM IST

Next Story