The market soared on better-than-expected jobs data, capping 5% gains for the week.

But first, the scoreboard:

Dow: +125
S&P 500: +14.1
NASDAQ: +33.3

And now, the top stories:

• Worldwide stocks rose on the back of yesterday's Wall Street rally, and then climbed some more when the jobs report came out.

• The jobs report pushed futures up around 100 points at the open. Although 54K jobs were lost and unemployment increased to 9.6%, this was seen as a good report.

• Disappointing data from the ISM non-manufacturing index ate away half of early gains, but the rally trickled back by the close.

• Goldman Sachs announced it was shutting down a key prop trading desk. Goldman actually rallied on this news, rising to 5.5% gains for the day.

• Hurricane Earl has fizzled out to a Category 1 storm, which means you've got a green light to head to the beach.

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