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Stocks shake off earlier loss to close higher

Stocks closed modestly higher on Friday, ending three days of losses, after the U.S. government's disappointing jobs report added to speculation that the Federal Reserve might keep interest rates low for another year.

Investors were also weighing tepid U.S. earnings reports and persistent weakness in the global economy.

The Dow Jones industrial average rose 79.92 points, or 0.5 percent, to 17,740.63. The Standard & Poor's 500 index rose 6.51 points, or 0.3 percent, to 2,057.14 and the Nasdaq composite rose 19.06 points, or 0.4 percent, to 4,736.16.

The three major indexes ended the week slightly lower, despite Friday's gains.

Stocks started the day lower...

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