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By JAVIER E. DAVID A surprisingly strong jobs report boosted the dollar, as evidence of a rebounding labor market helped diminish expectations of more expansionary monetary policy by the Federal Reserve. With markets still being roiled by Greece's

"We think the next big bomb to drop will be coming from Europe anyway," Zimmerman said in response to the jobs report that showed the unemployment rate [cnbc explains] falling to 8.3 percent and payrolls expanding by 243000.

By Reuters U.S. stocks rose on Friday, propelling the Nasdaq index to an 11-year high, after January's U.S..

By Jane M. Von Bergen An "unambiguously good" jobs report from the US Department of Labor sent stocks soaring Friday morning and will likely boost President Obama's political prospects. The economy created 243000 jobs in January.

It was the strongest job growth in nine months. The increase in hiring pushed the unemployment rate down to 8.3 percent, the lowest since February 2009. The surprising data gave financial markets a morning jolt that lasted throughout the trading day.

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