Stocks are rising as employment growth remains strong

US equities eased early losses and rose slightly after the monthly employment report exceeded expectations, heading for strong weekly gains.

The S&P 500 rose 0.3% in recent trading, a day after the benchmark rose 1.5% to record a fourth straight gain, its longest winning streak since March. The Dow Jones Industrial Average rose about 0.3%. The technology-focused Nasdaq Composite rose 0.5%.

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