US stocks rose on Friday after another strong monthly jobs report showed the economic recovery was broadening. The mood was slightly bullish after Greece completed the negotiation of the biggest sovereign debt restructuring in history, an issue that has kept investors skittish. The S&P 500 faced strong technical resistance as it approached its highest level in nearly four years.
Bank shares, among the most sensitive to growth expectations and the euro-zone crisis, led the advance, with the KBW bank index up 1.4 percent. Citigroup added 2.1 percent to $34.71 and J.P. Morgan Chase rose 1.9 percent to $41.22. The Dow Jones industrial average gained 46.36 points, or 0.36 percent, to 12,954.30. The S&P 500 Index rose 8.03 points, or 0.59 percent, to 1,373.94. The Nasdaq Composite added 21.80 points, or 0.73 percent, to 2,992.22. Exactly three years ago, the S&P 500 posted a 12-year closing low at 676.53 during the height of the financial crisis. The index has more than doubled since then, although it stalled last year before resuming a rally in 2012.
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