U.S. stocks closed sharply higher Friday, with all three major indexes rising more than 1 percent, as a government report showed the economy added 175,000 jobs in May.
The dollar declined against the euro and the yen. Light sweet crude oil for June delivery rose to $96.17 a barrel on the New York Mercantile Exchange. Gold futures fell to $1,379.60.
The Dow Jones industrial average rose 207.5, or 1.4 percent, to 15,248.12. The broader Standard & Poor’s 500 index rose 20.82, or 1.3 percent, to 1,643.38. The technology-heavy Nasdaq composite index rose 45.17, or 1.3 percent, to 3,469.22.