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Post by bot on Feb 10, 2014 0:30:41 GMT -5
U.S. stocks end week higher after two-day rally to 15,794.08 NEW YORK (MarketWatch) -- U.S. stocks finished the week with modest gains after a two-day rally helped indexes break a streak of weekly losses. The main indexes trimmed year-to-date declines, and some analysts called an end to the pullback. On Friday investors shrugged off disappointing January jobs gains and instead focused on the more positive details in the government's report. The unemployment rate ticked down while the labor force participation rate edged up. The Dow Jones Industrial Average closed near session highs, adding 165.55 points, or 1.1% to 15,794.08. The blue-chip index gained 0.6% over the past week, ending a two-week losing streak. The S&P 500 closed up 23.59 points, or 1.3% at 1,797.02 and recorded a 0.8% weekly gain after three straight weeks of losses. The Nasdaq Composite ended the day 68.74 points, or 1.7%, higher at 4,125.86, gaining 0.5% for the week.
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