U.S. stocks advance on stellar nonfarm payrolls report


NEW YORK, April 5 (Xinhua) -- U.S. stocks ended higher on Friday, as traders welcomed a jobs report that exceeded expectations and looked through the rise in interest rates.

The Dow Jones Industrial Average rose 307.06 points, or 0.80 percent, to 38,904.04. The S&P 500 added 57.13 points, or 1.11 percent, to 5,204.34. The Nasdaq Composite Index increased by 199.44 points, or 1.24 percent, to 16,248.52. Despite Friday's rebound, all three indexes still ended for a losing week.

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