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Post by bot on Dec 6, 2013 15:44:11 GMT -5
Stocks rally on jobs report
NEW YORK (MarketWatch) -- U.S. stocks rallied on Friday after a stronger-than-anticipated monthly jobs reports, aiming to snap a five-session losing streak. "The numbers are better than expected, and we've been off for five days in a row," said Stephen J. Carl, principal and head equity trader at Williams Capital Group. "This provides some fuel for the morning session." The S&P 500 was last up 16 points, or 0.9%, to 1,801, while the Dow Jones Industrial Average rose 118 points, or 0.8%, to 15,939. The Nasdaq Composite gained 34 points, or 0.8%, to 4,067.
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