Stocks Shake Off Jobs Report, Autos Data

In commodities, crude oil was gaining 38 cents to $61.15 a barrel. Gold was adding $1.20 to $733.40 an ounce.

Longer-dated U.S. Treasury securities were falling in price. The 10-year note was down 26/32, yielding 3.79%, and the 30-year was lower by 31/32 to yield 4.25%. The dollar was higher vs. the yen and pound, but softening against the euro.

Credit markets continued their loosening streak. Three-month dollar Libor dropped 10 basis points to 2.29%, a four-year low, indicating that interest-rate cuts from central banks around the world were having an impact. Overnight Libor remained level at 0.33%.

Abroad, European indices gaining ground, as the FTSE in London and the Dax in Frankfurt traded higher. Asian exchanges were mixed, as Japan's Nikkei ended down and Hong Kong's Hang Seng closed with gains.