The Dow Jones Industrial Average rose by 115 points, or 0.33%, while the S&P 500 and Nasdaq 100 edged up 0.53% and 0.77%, respectively.
May nonfarm payrolls showed the U.S. economy added 559,000 jobs last month, lighter than expected, as the unemployment rate slipped to 5.8%, a fresh pandemic low.
Hiring was powered by leisure and hospitality, private and public education, as well as healthcare.
Ticker Security Last Change Change % CSX CSX CORP. 99.33 -0.37 -0.37%
In stocks, railway CSX announced a 3-for-1 stock split. Shareholders of record on the close of business June 18 will receive two additional shares of common stock for each share held. The new shares will be distributed on June 28.
Ford continued its climb after reporting a 4.1% rise in May sales, rival GM was weaker.
In tech, the E.U. and U.K. have opened an antitrust investigation into whether Facebook Inc. used its classified-ads service Marketplace to repurpose advertiser data for its own illegal advantage.
Ticker Security Last Change Change % FB FACEBOOK, INC. 330.50 +4.46 +1.37%
AMC Entertainment CEO Adam Aron said in an interview with Trey’s Trades channel on YouTube that he would like to sell up to 25 million more shares. The sale, if approved, would not be allowed to happen until next year. Aron said AMC now has $2 billion in cash.
Ticker Security Last Change Change % AMC AMC ENTERTAINMENT HOLDINGS INC 51.33 +0.02 +0.04%
Ford Motor Co. shares were higher for a second day and at a six-year high after the automaker said on Thursday that it plans to introduce an entry-level pickup truck to its lineup next week.
Ticker Security Last Change Change % F FORD MOTOR CO. 15.96 -0.04 -0.25%
In earnings, e-signature vendor Docusign Inc. reported earnings and revenue that easily outpaced Wall Street estimates and guided sales for the current quarter above expectations.
Ticker Security Last Change Change % DOCU DOCUSIGN, INC. 228.22 +33.47 +17.19%
In commodities, West Texas Intermediate crude oil climbed 27 cents to $69.08 per barrel and gold slipped 10 cents to $1,873.20 an ounce.
Overseas markets were quiet.
In Europe, Britain’s FTSE 100 lost 0.09% while Germany’s DAX and France’s CAC were both higher by 0.03%.
China’s Shanghai Composite outperformed in Asia, ticking up 0.21%, while Hong Kong’s Hang Seng index declined 0.17% and Japan’s Nikkei 225 fell 0.4%.