Share on StockTwits

Stocks are closing higher after the U.S. government reported more healthy job growth in May. The Standard & Poor’s 500 index notched its eighth record high in the last 10 trading days. U.S. employers added 217,000 jobs last month, in line with forecasts. The unemployment rate stayed put at 6.3 percent. One loser was the car-rental company Hertz, which plunged 9 percent after saying it would have to restate three years of results because of accounting errors.



“Stocks Move Higher As US Jobs Grow At Healthy Clip” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.