The S&P financial sector jumped 2 percent to score its best day since mid-November after Trump signed an executive order to scale back regulations in the industry that were implemented in the wake of the financial crisis, including the Dodd-Frank law.
JP Morgan Chase shares closed up 3.1 percent at USD 87.18 as the biggest boost to the S&P 500 and helped push the S&P bank index up 2.6 percent.
The US public and private sectors created 227,000 jobs last month, according to the Labor Department, far more than the 175,000 economists had expected.
The unemployment rate ticked up to 4.8 percent while average hourly wages grew only 0.1 percent, which is likely to keep the Federal Reserve on a gradual path to raise US interest rates.
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