Ignoring such problems as Japan's leaking nuclear power plant and banking problems in Europe, as well as the rumors that the Fed might cut short its quantitative easing program, US stocks ended higher amid light volume last week. Energy and telecom were the biggest gainers.

Rising bond yields also lifted the dollar to 82.51 yen, the highest since Japan's currency intervention by G-7 banks on March 18.

On Friday, the jobs market reported a stronger-than-expected showing, with 216,000 new jobs added in March, bring the US unemployment rate a full percentage point down from a year ago to 8.8%.

Source: CNBC