U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 600 points on Thursday.

Following the market opening Thursday, the Dow traded up 1.32% to 46,747.93 while the NASDAQ gained 2.19% to 23,058.11. The S&P 500 also rose, gaining, 1.68% to 6,754.03.

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Leading and Lagging SectorsInformation technology shares jumped by 2.4% on Thursday.

In trading on Thursday, health care stocks rose by 0.3%.

Top Headline

The U.S. labor market posted an unexpectedly strong rebound in September, reviving growth optimism and casting fresh uncertainty over whether the Federal Reserve will deliver another rate cut in December.

Non-farm payrolls jumped by 119,000 in September, beating market estimates of 50,000, according to the official labor report released Thursday after a six-week delay due to the government shutdown.

Despite the hiring pickup, the unemployment rate edged up from 4.3% to ...