Closing Bell: King Boosts Activision's Quarter; U.S. Stocks Climb

A disappointing jobs number in April made for choppy trading with investors weighing the increased chances of a later rate hike with signs of a weaker U.S. economy. Benchmark indexes ended the day modestly higher. Crude oil prices finished higher after another weekly decline in active oil rigs. U.S. rigs drilling for crude have fallen for the past seven weeks in a row. West Texas Intermediate ended at $44.66 a barrel. Herbalife (HLF) - Get Report  spiked as the company neared the end of a federal investigation into allegations it operates like a pyramid scheme. The company said the investigation was at an advanced stage, though there are a number of issues still present. Activision Blizzard (ATVI) - Get Report bested quarterly estimates thanks to a sales boost from newly-acquired King Digital.