JP Morgan Chase shares closed up 3.1 percent at $87.18 as the biggest boost to the S&P 500 and helped push the S&P bank index up 2.6 percent. The U.S. public and private sectors created 227,000 jobs last month, according to the Labor Department, far more than the 175,000 economists had expected. The S&P and Nasdaq each gained 0.1 percent while the Dow shed 0.1 percent. The stock pulled the S&P 500 consumer discretionary index down 0.1 percent as the only major S&P sector in negative territory for the session. The S&P 500 posted 27 new 52-week highs and six new lows; the Nasdaq Composite recorded 138 new highs and 25 new lows.

Source: The Edge Markets February 04, 2017 01:27 UTC