Reuters – Wall Street advanced for a third day on Friday as the monthly payrolls data showed the U.S. economy may be in better shape than investors had thought and helped whet some investor appetite for risk.

Summary: stocks rose again, but trading volume fell significantly, thereby denying confirmation of price strength.
Consumer Discretionary stock sector Relative Strength Ratio rose to another new 2-month high on 9/2/10 and remains bullish.
Utilities stock sector absolute price rose to a new 8-month high on 9/2/10 and remains bullish.
Materials stock sector [...]

Summary: stocks rose again, but trading volume fell significantly, thereby denying confirmation of price strength.
Consumer Discretionary stock sector Relative Strength Ratio rose to another new 2-month high on 9/2/10 and remains bullish.
Utilities stock sector absolute price rose to a new 8-month high on 9/2/10 and remains bullish.
Materials stock sector [...]

Reuters – U.S. stocks opened higher on Friday after a better-than-expected jobs report lifted investor optimism on the economy.

AFP – European equities surged on Friday and the dollar jumped above 85 yen as financial markets welcomed a better-than-expected payrolls report in the United States.