U.S. June Job Growth Tops Forecasts
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Employers added a stronger-than-expected 132,000 new jobs in June and also boosted payrolls more strongly than previously thought in April and May.
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Stocks rose on Friday, helped by government data showing stronger-than-expected job growth last month and a rally in the shares of Citigroup Inc. , the biggest U.S. bank.
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Growth in factory activity in the U.S.  Mid-Atlantic region eased in June, although it was still above  expectations, with a dip in the six-month business conditions  outlook, according to a survey released on Thursday.
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Wal-Mart Stores Inc.  on  Thursday reported a higher-than-expected 2.4 percent June rise  in sales at its U.S. stores open at least a year, and the  world&#39;s largest retailer said its second-quarter earnings  forecast is &quot;attainable.&quot;
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The US economy added a better-than-expected 132,000 jobs last month, official figures show.
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U.S. chain stores sales rose in the  fourth week of June, with some help from buying of seasonal  goods as the week included the first day of summer, a report  said on Tuesday.
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Stocks rose on Monday, boosted by takeover news and data that showed manufacturing growth quickened in June even as price pressures eased.
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Employers added a solid 132,000 new jobs in June and boosted payrolls more strongly than previously thought in April and May, according to a Labor Department report that underlined a strengthening job market.
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A widely watched gauge of economic activity increased slightly in June, suggesting continued economic growth, though at a slow to moderate rate for the time being, a research group said on Thursday.
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Manufacturing in the U.S. Mid-Atlantic region unexpectedly grew at its fastest rate in two years in June, suggesting a surprisingly strong recovery in the national factory sector, data showed on Thursday.
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Midwestern U.S. business expansion was  faster than expected in May, with new orders and hiring  bouncing back from weak April levels, a report showed on  Wednesday.
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The US economy grew at a strong pace of 4.0 percent in the second quarter, the government said Thursday in a revised estimate of gross domestic product for the April-June period.
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Business & money: Gross domestic product rose by 0.8% in the three months to June.
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Investors are hoping this week brings some answers to the question of whether an improving U.S. economy unleashes inflationary forces, and one place to look will be in the June payrolls data.
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The U.S. jobs market showed some signs  of strength in June as private employers added more jobs than  expected and planned layoffs decreased, but initial claims for  unemployment insurance edged up last week, reports showed on  Thursday.
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Activity at the nationâs factories, plants and utilities expanded modestly in June, while the prices of raw materials continued to rise.
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Wal-Mart Stores Inc.  estimated  on Saturday that June sales rose 1.2 percent at its U.S. stores  open at least a year, the low end of its forecast.