Stocks rose after the U.S. economy added more jobs than expected last month. Mark Lasseigne has your stock market report on today's Acadiana Business Index.

  • The Nasdaq Composite added 46 points, now up 12% in 2012 and at its highest level since 2000.
  • While the S&P 500 was up 19 points today, and up 6.7% this year, its best start since 1989. All 10 of the S&P 500's sectors were higher.
  • The U.S. Labor Department said January data showed payrolls rose 243,000 last month, marking the biggest gain since April. The jobless rate fell to 8.3% from 8.5%, the lowest it has been since February 2009.
  • In corporate news, Tyson Foods rallied 5.2% after the meat processor reported earnings and revenue that topped expectations, boosted by a return to profitability in its chicken business.
  • And, Weyerhaeuser, one of the nation's largest wood-product companies, posted results that beat analysts' expectations.  Shares rose 5.6%.
  • Oil prices settled at $97.84 a barrel.
  • And gold closed at $1,739 an ounce.