Major stock indexes on Wall Street extended gains into Friday's session after the report on the country's labor market exceeded market forecasts.
Earlier, Brian Deese, director of the United States National Economic Council commented in an interview with CNBC that the "encouraging data" on labor participation is showing that the country's economy is in transition from a "very strong recovery" to a period of "stable growth."
The Dow Jones Industrial Average surged by 1.09%, gaining 349 points at 11:45 am ET. At the same time, the Nasdaq 100 and the S&P 500 soared by 1.16% or 1.19% respectively. The euro was 0.79% higher against the American dollar, selling for $1.00248 a minute later.
