Wall Street rose on Friday despite a U.S. government report showed that the unemployment rate rose a seven-month high.
The Labor Department said that the economy added 39,000 jobs in November, far less than the 145,000 increase analysts had anticipated. Meanwhile, the unemployment rate rose to 9.8 percent, a seven-month high, as hiring slowed.
The Commerce Department reported Friday that new orders for U.S. manufactured goods declined in October after three consecutive monthly increase, indicating the economic recovery remains bumpy.
The Dow Jones industrial average was up 19.68 points, or 0.17 percent, to 11,382.09. The Standard & Poor's 500 index rose 3.18 points, or 0.26 percent, to 1,224.71 and the Nasdaq advanced 12.11 points, or 0.47 percent, to 2,591.46.
