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3 May 2013
Wall Street rallies to record highs on employment report
FXstreet.com (San Francisco) - The US stocks market traded higher on Friday as investors' confidence was fueled by the better than expected employment report in April. The Dow Jones briefly broke above the 15,000 level 6 years after its first cross of 14,000 but closed 27 points below that level.
The S&P 500 jumped to its highest level and broke the 1,600 magic number and the Nasdaq advanced further to a fresh multi-year high.
The DJIA advanced 142.38 points or 0.96% to end the day at 14,973.96. On the weekly basis, the Dow rose 1.78%. The S&P 500 added 16.83 points or 1.05% on the day and 2.03% on the week to close Friday at 1,614.42. And the Nasdaq won 38.01 points or 1.14% to end the day at 3,378.63. The Composite rallied 3.03% on the week.
The S&P 500 jumped to its highest level and broke the 1,600 magic number and the Nasdaq advanced further to a fresh multi-year high.
The DJIA advanced 142.38 points or 0.96% to end the day at 14,973.96. On the weekly basis, the Dow rose 1.78%. The S&P 500 added 16.83 points or 1.05% on the day and 2.03% on the week to close Friday at 1,614.42. And the Nasdaq won 38.01 points or 1.14% to end the day at 3,378.63. The Composite rallied 3.03% on the week.