US stocks rally after May jobs data show a strengthening labor market
US stock market investors are feeling optimistic about the economy.
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US stocks rose Friday as investors cheered May jobs data that indicated a strengthening labor market after a disappointing April report.
Technology stocks led the rally in the S&P 500 while mega-cap stocks pulled the Nasdaq 100 up to a one-month high.
Non-farm payrolls showed the US economy added 559,000 jobs in May, the Bureau of Labor Statistics said Friday. The figure was slightly lower than the 674,000…
