Stocks rose in early trading today after an upbeat jobs report but then pared gains to end lower after S&P further downgraded Greece.
The U.S. economy added 257,000 jobs in January, well above expectations. December and November’s jobs data was also revised upwards. The unemployment rate ticked up to 5.7% as more people entered the workforce. Wages grew 2.2% from the previous month.
Jeremy Glaser | Morningstar.com