US STOCKS-Wall St rises as brokerage upgrades offset job data
* Brokerage upgrades offset data; GE up more than 7 pct
* U.S. unemployment rate highest in more than 26 yrs
* Dow up 0.2 pct, S&P 500 up 0.3 pct, Nasdaq up 0.3 pct
* For up-to-the-minute market news, click [STXNEWS/US] (Updates to midday)
By Angela Moon
NEW YORK, Nov 6 (Reuters) - U.S. stocks edged up after a choppy trading session on Friday, buoyed by brokerage upgrades that offset disappointing unemployment rate that rose to its highest in more than 26 years.
General Electric Co (GE.N: Quote, Profile, Research) jumped 7.2 percent to $15.47 after analyst upgrades, helping lead the industrial sector higher. The S&P industrials was up 1.2 percent.
The market fell at the open and briefly turned positive after a closer look at the report showed payroll losses continued to decline and job losses for earlier months were revised lower. For details see [ID:nN06178752] and [ID:nN06177960]. Continued...
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