NEW YORK: Stocks surged on Friday, racking up a third straight day of gains, after a report showing US employers added jobs for the first time in eight months boosted investors' expectations for an economic rebound.
The rally helped major market gauges notch their biggest weekly gains in at least four months and helped them retake much of the ground lost in a sharp slide that began last week that pulled them to their lowest levels in at least a month on Tuesday.
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