Major stock indexes end at records after strong jobs report

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Stocks ended higher Friday, with the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all ending at records after a stronger-than-expected October jobs report. The Dow Jones Industrial Average DJIA, +0.56% rose around 205 points, or 0.6%, to close near 36,328, according to preliminary figures. The S&P 500 SPX, +0.37% gained around 18 points, or 0.4%, to finish near 4,698, while the Nasdaq Composite COMP, +0.20% edged up around 31 points, or 0.2%, ending near 15,972. The S&P 500 and Nasdaq each booked a seventh straight record close. The Labor Department said the U.S. economy created 531,000 jobs in October, exceeding forecasts for a rise of 450,000. The Dow rose 1.4% for the week, while the S&P 500 advanced 2% and the Nasdaq gained 3.1%.

This article was originally published by Marketwatch.com. Read the original article here.

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