U.S. stocks rose Friday after employment data signaled solid momentum in the labor market. If stocks can hold gains, it would snap an eight-session losing streak for the S&P 500, the longest stretch of declines since the financial crisis. Even as stocks ticked higher Friday, a tight U.S. presidential election continued to drive investor positioning, some analysts said. As money has moved into these havens and as the price of oil fell, investors have also stepped back from stocks. Many investors expect the Federal Reserve to raise interest rates in December for the first time in a year.

Source: Wall Street Journal November 04, 2016 08:41 UTC