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NEW YORK (CNNMoney)
The Dow Jones Industrial Average, S&P 500 and Nasdaq all moved slightly higher.
The strong jobs report showed the U.S. unemployment rate fell to 7% in November -- the lowest level in five years -- as more people said they were getting jobs and joining the labor force. Markets surged, with the Dow rallying by nearly 200 points.
And there was more positive news for the global economy over the weekend in the form of the first major world trade deal in nearly 20 years.
Related: No news may be good news for stocks
On Monday, investors welcomed the debut of the largest air carrier in the world, as American Airlines Group, the airline giant born from the American Airlines and US Airways merger, began trading on the Nasdaq under the new symbol AAL.
Shares of American Airlines group surged 9% out of the gate. The deal, which cleared a series of legal hurdles, including an antitrust lawsuit this fall from the Justice Department and a last-minute challenge from a consumer group, was inked Monday morning before the opening bell.
Related: American Airlines, US Airways to form largest air carrier
Sysco (SYY, Fortune 500) soared more than 16% after the company announced plans to buy rival US Foods for $3.5 billion, bringing together two of the largest food distributors in the country.
McDonald's (MCD, Fortune 500) fell more than 1% egven though the fast-food chain reporting a slight increase in global sales.
Related: Fear & Greed Index still shows greed
European markets were mostly higher in midday trading, while Asian markets ended with gains.
First Published: December 9, 2013: 9:42 AM ET
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