Wall Street inches higher; jobs data points to economic strength | Reuters

By Caroline Valetkevitch U.S. stocks were up slightly on Friday afternoon after a solid jobs report pointed to strength in the domestic economy and supported expectations the Federal Reserve will raise interest rates next week.The S&P 500 was still on track to end down for the week, which would break its six-week streak of gains.Data showed 235,000 jobs were added in the public and private sectors in February, far exceeding economists' average estimate of 190,000.Fed Chair Janet Yellen signalled last week the U.S. central bank is set to raise rates this month if employment and other economic data hold up.

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| Reuters appeared first on Firstpost.