Summary Box: Stocks inch up after Feb jobs report

AP News
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Posted: Mar 09, 2012 4:25 PM
Summary Box: Stocks inch up after Feb jobs report

HIRING LIFTS: Stocks rose Friday after the government said U.S. employers added 227,000 net jobs last month, finishing three of the best months for hiring since the recession began.

GREECE DRAGS: Stock indexes lost ground after the trade group that oversees financial derivatives said Greece's debt restructuring would trigger bond-insurance payouts. That could mean big losses for banks that wrote insurance against a Greek default

THREE-YEAR MARK: The Dow has nearly doubled in the three years since its post-financial crisis bottom. On March 9, 2009, it closed at 6,547. The S&P 500 closed at 676 then, also a recession-era low.