Stock Trading

Stocks jumped Friday after the government's employment report showed fewer jobs were cut in February than expected. The Labor Department's monthly report is seen as the most important measure of the economy's health. A drop in unemployment is necessary for the economy to make a sustained rebound. The market extended its gains in the final hour of trading after the Federal Reserve reported that consumer borrowing rose in January to break a record 11 straight months of drops.

The Dow Jones industrial average rose 122.06, or 1.2 percent, to 10,566.20.

The Standard & Poor's 500 index rose 15.73, or 1.4 percent, to 1,138.70.

The Nasdaq composite index rose 34.04, or 1.5 percent, to 2,326.35.

For the week:

The Dow is up 240.94, or 2.3 percent.

The S&P is up 34.21, or 3.1 percent.

The Nasdaq is up 88.09, or 3.9 percent.

For the year:

The Dow is up 138.15, or 1.3 percent.

The S&P is up 23.60, or 2.1 percent.

The Nasdaq is up 57.20, or 2.5 percent.