US STOCKS-Wall St jumps as jobs data underscores U.S. economic strength

viernes 4 de diciembre de 2015 16:21 GYT
 

* Nonfarm payrolls increase 211,000 in November

* OPEC to continue pumping oil at current rates

* Nine of 10 S&P sectors higher, energy weaker

* Indexes up: Dow 2.2 pct, S&P 2.2 pct, Nasdaq 2.2 pct (Updates to late afternoon)

By Sweta Singh

Dec 4 (Reuters) - U.S. stocks jumped more than 2 percent on Friday as U.S. jobs data suggested the economy was strong enough to sustain a Federal Reserve rate hike this month.

Nine of the 10 major S&P 500 sectors were higher. The energy index dipped on news that OPEC countries failed to agree on oil production limits, allowing members to continue pumping oil at current rates into a market that is oversupplied.

Financials, which benefit from higher borrowing costs, led the rally. The S&P financial index was up 2.7 percent.

JPMorgan Chase rose 2.3 percent to $67.33 after European antitrust regulators dropped charges against the bank on blocking exchanges from derivatives markets.   Continuación...