Weaker US Jobs Data Boosts Stocks Amid Oil Price Dip
The US jobs data for September was lower than expected, causing stock prices to rise as the Federal Reserve rate hike odds decreased.
The S&P 500 finished up 0.7 percent, with 10 of 11 sectors in positive territory.
The jobs report showed a gain of only 29,000 jobs in September, missing analysts' expectations of around 90,000 and causing the unemployment rate to rise slightly to 4.2 percent.