U.S. Stocks Extend Rally Following Weaker Than Expected Jobs Data

Capping off a strong week for the markets, stocks moved considerably higher during the trading session on Friday. The Dow and the S&P 500 closed higher for the fifth straight day, while the tech-heavy Nasdaq extended its winning streak to six sessions.

The major averages pulled back off their best levels going into the close but remained firmly positive. The Nasdaq surged 184.09 points or 1.4 percent to 13,478.28, the S&P 500 jumped 40.56 points or 0.9 percent to 4,358.34 and the Dow advanced 222.24 points or 0.7 percent to 34,061.32.

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by RTTNews Staff Writer

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