The Dow Jones Industrial Average rose 572.16 points, or 1.85%, to 31,496.3, the S&P 500 gained 73.47 points, or 1.95%, to 3,841.94 and the Nasdaq Composite added 196.68 points, or 1.55%, to 12,920.15. The pan-European STOXX 600 index lost 0.78% and MSCI's gauge of stocks across the globe gained 0.63%.Emerging market stocks lost 0.52%. MSCI's broadest index of Asia-Pacific shares outside Japan closed 0.8% lower, while Japan's Nikkei lost 0.23%.
NEW YORK: Wall Street and a gauge of global equity markets rose on Friday as investors cheered signs of economic strength in a report that showed faster-than-expected U.S. jobs growth, data that initially stoked inflation concerns.
The session was marked by frantic trading across the globe. Asian markets dropped overnight. MSCI's all-country index was on its longest losing streak in six months before clawing back.
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