S&P 500 rallies on US jobs data

Source: Dukascopy Bank
S&P 500 index rallied on Friday, fuelled by US government job report, showing higher-than-expected hiring and a drop in the unemployment level. US benchmark index jumped 1.46% or 19.36 points and settled at 1,344.90 with all 10 sectors posting substantial gains, driven by financial shares. Genworth Financial surged 14%, after the insurer reported it returned to profit in 4th quarter. On the downside Edwards life tumbled 11.3%. On weekly basis S&P 500 index added 2.2%.








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