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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Stocks Rally After Blowout Jobs Report

Blue financial ticker board and arrows going up with white moving average.

Thursday's sharp reversal lower for stocks was old news Friday with the main indexes soaring after the March jobs report. The volatility could continue next week, too, with several key events on the horizon.  

It's a little confusing as to why stocks rallied today considering this morning's data from the Bureau of Labor Statistics showed the U.S. added 303,000 new jobs in March – well above economists' expectations for 200,000. Additionally, the unemployment rate edged down to 3.8% from 3.9%. 

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