Jobs Report Lifts Stocks

Stocks closed broadly higher on Wall Street, wrapping up another solid week of gains for the market, the AP reports. Health care and energy companies pulled the market higher Friday: Cigna rose 2.9% and Marathon Petroleum climbed 3.5%. Traders also were encouraged by a report from the Labor Department showing that US employers ramped up hiring last month following meager job additions in February. The S&P 500 rose 13 points, or 0.5%, to 2,892, and the index rose 2.1% this week. The Dow Jones Industrial Average rose 40 points, or 0.2%, to 26,425. The Nasdaq rose 46 points, or 0.6%, to 7,938. Bond prices rose, and the yield on the benchmark 10-year Treasury fell to 2.5%. (More stock market stories.)