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Dow, S&P 500 hit fresh records on jobs report

Published on Jun 7, 2014 6:44 AM

NEW YORK (AFP) - The Dow and the S&P 500 on Friday again powered to record highs after a Labor Department employment report showed solid jobs growth for May.

The Dow Jones Industrial Average jumped 88.17 points (0.52 per cent) to 16,924.28, notching its second record high in a row.

The S&P 500 gained 8.98 (0.46 per cent) at 1,949.44, its third straight record close.

The tech-rich Nasdaq Composite Index rose 25.17 (0.59 per cent) to 4,321.40.

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