Dow adds 79 points. Nasdaq rises 0.7%; S&P gains 0.8%. 　
http://money.cnn.com/data/markets/
Stocks stage big comeback

By Ben Rooney @CNNMoneyInvest June 6, 2013: 4:14 PM ET
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NEW YORK (CNNMoney)
U.S. stocks ended a volatile session higher Thursday as investors brace for a key report on the job market.

The Dow Jones industrial average rose 80 points, or 0.5%, after falling more than 100 points earlier. With that comeback, the Dow avoided what would have been its first three-day losing streak this year. The S&P 500 gained 0.8% and the Nasdaq rose 0.7%


Stocks came under pressure in midday trading as the U.S. dollar weakened against other currencies. The dollar fell 3% versus the Japanese yen before regaining some ground. It fell more than 1.5% versus the euro and the U.K. pound.
Traders said the weakness in the dollar was driven by speculation that Friday's report on the U.S. job market could fall short of expectations. But trading has been choppy overall recently as investors wrestle with concerns about the global economy and an uncertain outlook for Federal Reserve policy.
U.S. stocks fell sharply Wednesday, with the Dow closing below 15,000 for the first time since May 6.
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Volatility is back. CNNMoney's Fear & Greed index has moved within a few points of the level that signals "extreme fear" in the market.
Over the past month, the CBOE market volatility index, or VIX (VIX), has surged more than 40% and has nearly erased all of its losses for the year.
"We're going to continue to see volatility in the market," said Ben Schwartz, chief market strategist at Lightspeed Financial. "There's a lot of uncertainty."
Schwartz noted that June is typically a bad month for stocks, adding that many investors are in the midst of repositioning their portfolios for the second half of the year.
"We're looking to see what the Federal Reserve is going to do, and what the [economic] numbers are going to look like over the next week or two," he said.
Related: Dimon says expect 'scary' markets
Jobs in focus.Analysts say Friday's report could be particularly important given the questions about how long the Fed will continue its bond-buying program.
The government said Thursday that initial claims for unemployment benefits totaled 346,000 in the week ended June 1, down 11,000 from the previous week.
Jim O'Sullivan, chief U.S. economist at High Frequency Economics, reduced his forecast for Friday's report to a gain of 150,000 jobs from 195,000 jobs. He pointed to disappointing reports this week on the services industry and hiring by employers in the private sector.
The private sector continued to add jobs in May, according to this week's report from payroll processing firm ADP, but the pace was slower than economists had hoped.
http://money.cnn.com/2013/06/06/investing/stocks-markets/index.html?iid=mkt_SF_news