The weak jobs number suggests the economy is still in recovery mode and bolsters the case for the
“Obviously this release blew market bets about Fed tapering and inflation out of the water,"
In Asian trading,
Recent relatively strong global earnings reports have lifted share prices. Among companies reporting earnings later this week are Japanese automakers
On Friday, the S&P 500 index rose 0.7% to 4,232.60, its third straight gain, and topping the previous all-time high set last month. The Dow Jones Industrial Average gained 0.7% to 34,777.76, setting a record high for a third straight day. The Nasdaq composite picked up 0.9%, to 13,752.24.
Small company stocks also got a solid bump. The Russell 2000 index outgained the major stock indexes, climbing 1.4% to 2,271.63.
In energy trading, benchmark
In currency trading, the