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Wall Street bullish despite job report NEW YORK -- Investors added to the week's strong gains in the stock market Friday after finding some positives in a surprisingly weak jobs report. Stock indexes posted a modest advance in light trading after the Labor Department said the nation's unemployment rate topped 10 percent in October for the first time since 1983, but also that the pace of job losses slowed. The rise in joblessness, while not welcome news for the economy, reassured some investors that the Federal Reserve will have to hold interest rates low. That tends to weaken demand for the dollar, which in turn gives a boost to stocks. When the dollar is weaker, U.S. goods are cheaper for buyers overseas. Companies that do business overseas also get a profit boost when their earnings are translated back into dollars. Safe-haven assets like Treasurys were mixed. Oil prices tumbled and gold topped $1,100 an ounce for the first time.

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