U.S. stocks rose on Friday, as takeover speculation drove shares of Honeywell International Inc. sharply higher, while a better-than-expected April jobs report raised optimism about the economy. Honeywell jumped 5.8 percent to $37.21 and was the biggest upward influence on the Dow, on market talk that United Technologies Corp. had renewed its interest in buying the rival aerospace and industrial conglomerate. United Technologies was down 4 cents at $102.35. In economic news, the government said U.S. employers created a surprisingly large 274,000 new jobs in April and hired more workers in February and March than first thought. The positive sentiment was tempered, however, by fears of more aggressive interest-rate hikes. The Dow Jones industrial average was up 42.12 points, or 0.41 percent, at 10,382.50. The Standard & Poor's 500 Index was up 1.98 points, or 0.17 percent, at 1,174.61. The Nasdaq Composite Index was up 7.24 points, or 0.37 percent, at 1,969.04. --More 2315 Local Time 2015 GMT
