LITTLE ROCK, Ark. (Arkansas Business) -- Better-than-expected jobs growth pushes stocks higher on Friday.
The Labor Department report Friday that showed U.S. employers hiring more people than expected last month sent stocks soaring off the opening bell.
The S&P 500 index cracked the 1,600 mark for the first time. And the Dow broke 15,000.
This, on news that the economy added 165,000 jobs in April, and the unemployment rate sank to a four-year low of 7.5 percent.
That report also revising upward the number of jobs added in the previous two months.
More earnings reports expected for Ark. companies
Looking ahead to this week, more earnings reports are on tap from Arkansas public companies.
Among them: Tyson Foods Inc. of Springdale and USA Truck Inc. of Van Buren, both of which set to report earnings this morning before the market opens.
And on Thursday, broadband and wireline telecom Windstream Corp. of Little Rock will release its earnings. That company also holding its annual shareholders' meeting on Wednesday here in Little Rock.
And another quick note about Arkansas public companies, we'll see how they rank today when Fortune magazine releases its latest Fortune 500 list of the country's biggest companies.
The list, which ranks companies by revenue, usually includes Wal-Mart Stores Inc., which ranked No. 2 last year behind Exxon Mobil.
Tyson, Murphy Oil Corp. and Dillard's Inc. also usually make the list. Windstream is expected to make the list for the first time this year.
New CFO named for UAMS
And finally, some new names at the University of Arkansas for Medical Sciences.
First, UAMS named William R. Bowes as its chief financial officer. Bowes, who has more than 30 years of higher education finance experience, will begin July 1, according to a news release from UAMS.
He replaces Melony Goodhand, who left UAMS at the end of last year.
And Arkansas Children's Hospital, which is part of UAMS, named Marcella Doderer of San Antonio, Texas, as its new president and CEO on Friday.
Doderer will take over July 15 after the June 30 retirement of Jonathan Bates.
Doderer is a graduate of Little Rock Central High School.