Stocks Rise as Jobs Data Show US Is Powering Ahead: Markets Wrap.

Stocks rose after a strong jobs report indicated that the US economy is continuing to grow, despite expectations of higher interest rates. The S&P 500 recovered from losses earlier in the week caused by concerns about the Federal Reserve's plans and geopolitical tensions. The report showed that job growth in March was the highest in nearly a year, and the unemployment rate dropped to 3.8%. Some experts believe that the report may delay the expected rate cuts by the Fed, while others still anticipate a rate cut in June. [Extracted from the article]