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Wall Street rebounds to close higher after jobs report

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Reuters NEW YORK
Last Updated : May 07 2016 | 1:48 AM IST

NEW YORK (Reuters) - U.S. stocks rebounded from early losses to close higher on Friday as investors viewed the day's jobs report as less disappointing than first thought.

The Dow Jones industrial average rose 79.79 points, or 0.45 percent, to 17,740.5, the S&P 500 gained 6.55 points, or 0.32 percent, to 2,057.18 and the Nasdaq Composite added 19.06 points, or 0.4 percent, to 4,736.16.

(Reporting by Caroline Valetkevitch in New York; Editing by Nick Zieminski)

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First Published: May 07 2016 | 1:34 AM IST

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