Saturday, December 5, 2009

Stocks rally on jobs report

Stocks ended higher Friday, as investors redoubled their efforts after an afternoon selloff, following a better-than-expected November jobs report.

The Dow Jones industrial average (INDU) rose 23 points, or 0.2%, to close at 10388.90 after hitting a 14-month high of 10,516.70 in the morning. The S&P 500 index (SPX) rose 6 points or 0.6%. The Nasdaq composite (COMP) rose 21 points, or 1%. All three indexes gained for the week.

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