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Saturday BusinessMinute


Saturday BusinessMinute
NEW YORK (AP) Stocks ended the week with solid gains on Wall Street after a lukewarm report on the job market raised hopes the Federal Reserve will keep the accelerator floored on its support for the economy. The S&P 500 rose 0.9% Friday following several days of choppy trading. The Labor Department reported that U.S. employers added 559,000 jobs in May. That was an improvement from April’s sluggish gain but still fell short of forecasts. Companies are still struggling to find enough workers as the economy recovers. Bond prices rose. The yield on the 10-year Treasury note fell to 1.55%. ....

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