Cornerstone OnDemand Q4 11 Earnings Conference Call At 5:00 PM ET

Editors Pick

Stocks Close Sharply Higher Following Upbeat Jobs Data - U.S. Commentary

After trending lower over the past few sessions, stocks showed a strong move back to the upside during trading on Friday. The markets benefited from a largely positive reaction to a better than expected monthly jobs report. The major averages closed firmly in positive territory, with the Dow and the S&P 500 back above key psychological levels.

Lawmakers Receive Mixed Messages From Upbeat Jobs Report

Although not particularly surprising, Republicans and Democrats in Washington have received mixed messages from the Labor Department's better than expected monthly jobs report on Friday. Lawmakers from both parties described the numbers as encouraging but suggested that the data provided support for their policies rather than those of their colleagues across the aisle.

U.S. Consumer Sentiment Improves Much More Than Expected In December

Consumer sentiment in the U.S. has improved by much more than anticipated in the month of December, according to a report released by Thomson Reuters and the University of Michigan on Friday. The report said the preliminary reading on the consumer sentiment index for December jumped to 82.5 from the final November reading of 75.1. Economists had been expecting the index to edge up to 75.5.