US STOCKS-Wall St gains modestly after payrolls; Ukraine eyed

viernes 7 de marzo de 2014 11:51 GYT

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By Chuck Mikolajczak

NEW YORK, March 7 (Reuters) - U.S. stocks rose modestly on Friday after an unexpectedly strong payrolls report in February, although gains were curbed by lingering tensions in Ukraine, with the S&P 500 at record highs.

U.S. employers added 175,000 jobs to their payrolls last month, exceeding expectations for 149,000 jobs, after creating 129,000 new positions in January, Labor Department data showed. The unemployment rate, however, edged up to 6.7 percent from a five-year low of 6.6 percent.

"It was incredible, the market loves it, we were definitely braced for something lower," said Sean McCarthy, regional chief investment officer, Wells Fargo Private Bank, based in Scottsdale, Arizona.   Continuación...