Wall St. extends gains after strong jobs data

The unemployment rate dropped to its lowest level since 2008, despite more people entering the job market, suggesting underlying strength in the economy at the start of the second quarter after growth hit a soft patch in the first. "The jobs report really managed to thread the needle," said Tony Roth, chief investment officer of Wilmington Trust in Wilmington, Delaware, which oversees $78 billion. The drop in the unemployment rate to 5.4 percent pushed it to within a whisker of the 5.0