The Dow Jones Industrial Average rose 62.11 points, or 0.29 percent, to 21,206.29, the S&P 500 gained 9.01 points, or 0.37 percent, to 2,439.07
and the Nasdaq Composite added 58.97 points, or 0.94 percent, to 6,305.80.
Shares of financials, which benefit from higher interest rates, fell as much as 0.9 percent after the jobs
data sparked some worry the Fed could become cautious after the June meeting, and closed down 0.37 percent
Despite the disappointing data, market participants still largely anticipate the Federal Reserve to raise rates at its June
13-14 meeting, with traders expecting a 90.7-percent chance of a quarter-point hike, according to Thomson Reuters data.
NEW YORK — U. S. stocks closed at record levels for a second consecutive session on Friday, as gains in technology
and industrial stocks more than offset a lukewarm jobs report.
Tech Leads Wall Street Higher; Jobs Data Falls Short -
By REUTERSJUNE 2, 2017, 4:15 P. M. E. D.T.
For the week, the S&P rose 0.95 percent, the Dow added 0.59 percent and the Nasdaq gained 1.54 percent.