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Market Snapshot: Stock market rallies after jobs report; Biogen surge boosts biotechs

U.S. stocks were slightly higher in early trading on Friday, after a read on the labor market came in stronger than expected. The employment report offered the latest indication that economic fundamentals remained strong despite ongoing uncertainty around trade policy.

What are the main benchmarks doing?

The Dow Jones Industrial Average DJIA, -0.04% were unchanged at 24,355. The S&P 500 SPX, +0.26% were up 4 points to 2,741, a gain of 0.2%. The Nasdaq Composite Index COMP, +0.52% rose 25 points, or 0.3%, to 7,611.

Seven of the 11 primary S&P 500 sectors were higher in early trading, with the health-care sector the biggest gainer by far, up 0.9% as Biogen rallied.

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