Markets were closed Friday for the Good Friday holiday. The major benchmarks wrapped up the holiday-shortened week with gains, with the S&P 500  SPX, +1.18%  finishing above the 4,000 milestone for the first time. The S&P rose 1.2% for the week, while the Dow Jones Industrial Average  DJIA, +0.52% gained 0.2% and the Nasdaq Composite  COMP, +1.76%  advanced 2.6%.

On Friday, the federal jobs report smashed expectations, with the U.S. adding 916,000 in March as the unemployment rate fell to 6% from 6.2%. Job growth was widespread in March, led by gains in leisure and hospitality, public and private education, and construction, the Labor Department report showed.

Source: Marketwatch.com