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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 are rising near their all-time high on Friday after the latest jobs report cooled worries that a potentially hot U. S economy could make inflation much worse. The S&P 500 rose 0. 7% and pulled within 1% of its record set in August. The Dow Jones Industrial Average was up 246 points, or 0. 5%, as of 2:01 p. m. Eastern time, and the Nasdaq composite was 1. 2% higher. All of Wall Street got a jolt after the U. S. government said employers across the country added to...

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