The Dow Jones Industrial Average jumped 1.42% to close at 26,573.72 points, while the S&P 500 also surged 1.42%, finishing at 2,952.01. The Nasdaq Composite added 1.4% to end at 7,982.47.
NEW YORK: Wall Street surged on Friday after moderate jobs growth in September offered relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the world's largest economy may be sliding into a recession.
A rally in technology stocks led by Apple Inc also helped lift the benchmark indexes at the end of a rollercoaster week. After losing about 3% over Tuesday and Wednesday, the S&P 500 <.SPX> on Friday logged its biggest one-day gain since Aug. 16, thanks in part to a late-session surge.
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