Market Wrap For December 6: Investors and Traders Cheer Today's Economic Data

Investors had been anxiously and nervously waiting for today's job reports which could have sent major indices moving sharply in either direction. The November Nonfarm Payroll increased 203K, above consensus of 180K and above the previous reading of 200K. The Unemployment rate rang in at 7.0 percent, below the 7.2 percent