U.S. Stocks Advance as Job Growth Tops Economists’ Estimates

U.S. stocks advanced, paring the biggest weekly decline for the Standard & Poor’s 500 Index since March, as stronger-than-forecast growth in jobs bolstered confidence in the world’s largest economy.

DuPont Co. and Boeing Co. rose at least 1.1 percent to help lead gains in the Dow Jones Industrial Average. Kraft Foods Inc., the world’s second-largest food company, and Fluor Corp., the biggest publicly traded U.S. construction company, climbed more than 2 percent after beating analysts’ earnings estimates. Stocks trimmed gains after two people familiar with the situation said European finance officials are meeting in Luxembourg to discuss restructuring Greek debt.