Wall Street Gains Ground Following a Solid Jobs Report

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1 day ago Stocks rose on Wall Street following a better-than-expected report on the U.S. job market. The S&P 500 index rose 1.2% in morning trading Friday. The Dow Jones Industrial Average added 555 points, or 1.3%, and the Nasdaq composite rose 1.3%. U.S. employers slowed their hiring last month, but still added a solid 139,000 jobs amid uncertainty over President Donald Trump’s trade wars. Lululemon Athletica sank after lowering its profit forecast for the full year. Treasury yields rose in the bond market. The yield on the 10-year Treasury note climbed to 4.47%. Markets in Asia were mixed, while markets in Europe rose.