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US stocks rise near their record after the latest jobs report eases worries about inflation

NEW YORK (AP) — U. S. stocks rose near their record after the latest jobs report cooled worries that a potentially hot U. S. economy could make inflation worse. The S&P 500 climbed 0. 7% Friday and pulled within 1% of its all-time high. The Dow Jones Industrial Average added 0. 5%, and the Nasdaq composite rose 1. 2%. They got a boost after a report showed U. S. employers slowed their hiring last month. That pushed traders to pare bets that the Federal Reserve will hike interest rates later...

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