NEW YORK — Stocks gained ground on Wall Street Friday following a better-than-expected report on the U.S. job market.
The gains were broad, with every sector in the S&P 500 rising. That solidified a second consecutive winning week for the benchmark index, which has rallied back from a slump two months ago to come within striking distance of its record high.
What You Need To Know • Stocks rose on Wall Street following a better-than-expected report on the U.S. job market • The S&P 500 climbed 1% Friday, marking its second weekly gain in a row • The Dow Jones Industrial Average added 1%, and the Nasdaq composite rose 1.2% • The yield on the 10-year Treasury note rose to 4.51%
The S&P 500 rose 61.06 points, or 1%, to 6,000.36. It is now within 2.3% of its record.
The Dow Jones Indu