Stock Market Roundup, March 9: Jobs Report Sends Stocks Higher

An image of a stock chart with money, a calculator and a pen lying on it.
Credit: Shutterstock photo

A better-than-expected jobs report confirmed the health of the economy and cooled concerns about rising inflation on Friday. Meanwhile, President Trump followed through on his proposed metal tariffs, although the final version of the plan may see exemptions for Mexico and Canada. Regardless, investors were in a good mood throughout the day, and all three major indexes closed more than 1.5% higher.

Zacks Rank #1 (Strong Buy) Top Movers

Value: Interserve ISVJY - +12.1%

Growth: ISVJY

Momentum: China National Materials CASDY - +8.5%


Income: Medifast MED - +5.4%

Major Indexes

Dow: 25,335.81 / +440.6 / +1.8%

Nasdaq: 7,560.81 / +132.86 / +1.8%

S&P 500: 2,786.56 / +47.59 / +1.7%

Top Headlines

Non-Farm Payrolls Homerun: 313K New Jobs, 4.1% Unemployment

A blowout 313K new jobs were created in the month of February, more than 100,000 - roughly +50% - higher than expected.

Upcoming Retail Earnings Reports to Watch: DKS, DG, ULTA

The traditional earnings season is effectively over, but a few marquee reports-especially in the retail sector-remain to be released. Make sure to keep an eye on these companies as they prepare to report during the week of March 12!

Want more market analysis from this author? Make sure to follow @ Ryan_McQueeneyon Twitter!

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

MEDIFAST INC (MED): Free Stock Analysis Report

INTERSERVE PLC (ISVJY): Free Stock Analysis Report

China National Materials Group Corp. (CASDY): Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Other Topics


Latest Markets Videos


Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at

Learn More