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The Dow Jones industrial average rose 188.3 points or 1.22 percent, to 15,628.53, the S&P 500 gained 21.79 points or 1.24 percent, to 1,773.43 and the Nasdaq Composite added 45.57 points or 1.14 percent, to 4,057.122.
Epic Research Update : US Markets US stocks jumped on Friday, giving the S&P 500 its first weekly gain in four as the impact of a weak reading on the labor market was dulled by harsh weather conditions and traders focused on expectations of further economic strength.Nonfarm payrolls added 113,000 jobs in January - well shy of the forecast for 185,000. December payrolls were revised upward by only 1,000 to 75,000. The US unemployment rate in January hit a five-year low of 6.6 percent; slightly above the 6.5 percent level that Fed officials have said would prompt them to consider raising benchmark interest rates from near zero.