Wall Street up as Fed seen delaying move; utilities jump

April 6, 2015 2:50 PM

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Wall Street up as Fed seen delaying move; utilities jump

NEW YORK (Reuters) - U.S. stocks edged up on Monday as expectations the Federal Reserve will push any interest rate increases further into the year offset concerns over faltering economic growth spurred by a surprisingly weak jobs report on Friday.

Labor Department data showed U.S. employers last month added the fewest jobs in more than a year. The rise of 126,000 jobs was well below economists' expectations for 245,000. The U.S. stock market was closed in observance of Good Friday when the data was released.

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