You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Red Sox Live

4

6

Final

Stocks gain after encouraging US jobs news

Continue reading below

Oil rose above $102 a barrel for the first time in over a year as Egypt’s turmoil intensified, raising the risk of supply disruptions. In
Europe, traders dumped Portuguese stocks and bonds as the country’s government teetered on the edge of collapse. But the overseas news was offset by a brighter outlook for the US labor market: Fewer people sought jobless benefits last week, and ADP, the payrolls processor, said businesses added more jobs last month than analysts expected. The broader US monthly survey of employment is due Friday. ‘The key takeaway is that jobs matter more than Egypt,’ said Alec Young, at S&P Capital IQ.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com