(CNBC) U.S. stocks closed higher Friday, amid gains in oil prices, after the headline figure in the April employment report missed expectations.
"Basically the market was oversold, due for a bounce," said Lance Roberts, chief investment strategist at Clarity Financial.
"You've got oil prices rallying. You've got the Fed on hold with the data as weak as it is," he said, noting he doesn't expect the U.S. central bank to raise rates until next year.
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