Markets Right Now: US stocks close broadly higher

NEW YORK (AP) — The latest on developments in financial markets (all times local):
4 p.m.
Stocks are closing broadly higher after solid gains in hiring last month allayed some of investors’ concerns that the economy was slowing down.
The broad gains Friday erased nearly all of the significant losses the market suffered earlier in the week brought on by dismal news on U.S. manufacturing and service industries.
Apple led gains in technology with an increase of 2.8%.
The S&P 500 ros