Strong jobs data catapults S&P to record high

The U.S. Labor Department report showed that nonfarm payrolls rose by 255,000 in July, far exceeding estimates of 180,000. While unemployment rate remained unchanged at 4.9 percent, it stayed below the 5 percent mark associated with full employment. The S&P 500 touched 2,180.78, its ninth record intraday high since July.