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U.S. Stocks Rise After Strong Jobs Report

U.S. stocks were trading higher after the economy added 228,000 jobs in November.

U.S. stocks were trading higher following a stronger-than-expected jobs report. All three U.S. benchmark indexes in the green.

U.S. non-farm payrolls rose by 228,000 in November and the unemployment remained the unchanged at 4.1%. Analysts were expecting the economy to add 190,000 jobs in the month.

Shares of American Outdoor Brands Corp. (AOBC) - Get American Outdoor Brands Corporation Report tanked after the company slashed its revenue forecast. The maker of Smith & Wesson firearms lowered its full-year guidance to between $650 million and $675 million, down from its previous outlook between $700 million and $740 million.

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