Friday Rally on Wall Street After Surprisingly Upbeat Jobs Report

Stocks rallied in Friday's midday trading on the positive jobs report.
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Stocks rallied in Friday's midday trading on the positive jobs report. The Dow was up triple digits. Mylan (MYL) rose on better-than-expected third quarter earnings and for boosting its full year outlook. Disney (DIS) shares are still applauding its CEO's retirement party being postponed. Disney's board said its extending Chairman and CEO Bob Iger's contract through the end of June 2018, that's two years beyond the retirement date previously set. On the IPO watch list, specialty biopharmaceutical company Dermira priced at $16 and Yodlee, a software company, priced at $12 a share. Both stocks are open for trading with Yodlee rising nearly 30% but Dermira is down almost 15% on its first day of trading.