Wall Street has shown gains this morning despite the August Jobs Report that showed unemployment rose again.
From Alexandra Twin, CNNMoney:
NEW YORK (CNNMoney.com) -- Stocks struggled higher Friday after a government report showed job losses slowed in August, but the unemployment rate rose to a 26-year high.
The Dow Jones industrial average (INDU) gained 31 points, or 0.3%, around 90 minutes into the session. The S&P 500 (SPX) index added 4 points, or 0.5%. The Nasdaq composite (COMP) advanced 12 points, or 0.6%.
"It's a good report that generally suggests more healing in the economy," said Jeff Kleintop, chief market strategist, LPL Financial. "But the market has been saturated with good news and is starting to show fatigue after the S&P 500 rallied 50%."
