Wall St up as jobs data keeps rate expectations in check

Markets Reuters

A worker assembles a Boeing's 737 MAX airplane wing at the company's production facility. (FBN)

Wall Street gained on Friday as a tepid U.S. jobs report kept expectations muted for another interest rate hike this year, while investors kicked off a typically dour month for stocks on a positive note.

Continue Reading Below

The Dow Jones Industrial Average rose 40.01 points, or 0.18 percent, to 21,988.11, the S&P 500 gained 4.88 points, or 0.20 percent, to 2,476.53 and the Nasdaq Composite added 6.67 points, or 0.1 percent, to 6,435.33. (Editing by James Dalgleish)

What do you think?

Click the button below to comment on this article.