02-09-2016 22:17 via news.yahoo.com

Wall Street advances as U.S. payrolls report falls short

U.S. stocks advanced on Friday as a weaker-than-expected payrolls report tamped down expectations for a September rate hike from the U.S. Federal Reserve, although hawkish comments from another Fed official kept expectations for one this year intact. "People are taking a little bit of a relief that it wasn’t a 200,000-plus print, certainly in the equity market," said Sean Lynch, co-head of global equity strategy at Wells Fargo Investment Institute in Omaha. Despite the soft report, Richmon
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