Dow Up 122 on Jobs Report
Unemployment rate holds at 9.7%
By Nick McMaster,  Newser Staff
Posted Mar 5, 2010 3:19 PM CST
Specialist Christopher Culhane, left, and trader James Dresch work on the floor of the New York Stock Exchange Tuesday, Feb. 9, 2010.   (AP Photo/Richard Drew)

(Newser) – A better-than-expected jobs report fueled a rally in stocks to close out the week. Nonfarm payrolls fell by 36,000 in February, far less than the predicted level of 75,000, the Wall Street Journal reports.

  • The Dow gained 122.06 points to close at 10,566.20.
  • The Nasdaq picked up 334.04, settling at 2,326.35.
  • The S&P 500 added 15.72, closing at 1,138.69.