US STOCKS-Wall St up ahead of holiday; data lifts payroll hopes
(Updates to midday trading)
* Investors look to payrolls data due on Good Friday
* All ten S&P 500 sectors higher in broad rally
* Micron up despite outlook; CarMax rallies on results
* Indexes up: Dow 0.3 pct, S&P 0.4 pct, Nasdaq 0.2 pct
By Ryan Vlastelica
NEW YORK, April 2 (Reuters) - U.S. stocks rose in a broad advance on Thursday as a reading on the labor market came in better than expected, raising hopes that Friday's payroll report would show similar strength.
Jobless claims unexpectedly fell in the latest week, suggesting the labor market continues to expand at a solid clip even as economic growth has stalled. The report follows lower-than-expected readings on private sector employment and manufacturing on Wednesday.
Investors were looking ahead to the March jobs report, which will be released Friday, a stock market holiday for Good Friday. As a result, market participants will be unable to trade off the report until Monday. Continuación...