Stocks end higher despite dismal new employment data
Stocks swung wildly, starting the trading session up considerably despite an ugly jobs report before sinking. They then surged about half an hour before the closing bell. Among the big winners were Rohm & Hass (ROH) and Genentech (DNA), both of which climbed after good news broke about long-stalled mergers. But General Motors (GM) lost again, falling sharply as fears over bankruptcy loomed.