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U.S. stocks surged solidly higher on Friday following a stronger-than-expected jobs report that reassured investors about the state of the economy. The Dow Jones Industrial Average closed at a record high, jumping over 300 points. This positive jobs data raised optimism on Wall Street that the economy might achieve a soft landing, easing fears of a potential economic slowdown. The Nasdaq also ended with a gain of more than 1%, contributing to a four-week winning streak for U.S. stocks.
U.S. stocks closed solidly higher Friday as a stronger-than-expected jobs report reassured investors who had worried the economy may be getting too weak. https://t.co/KGYGiYa93s
WATCH: The Dow posted a record closing high and the Nasdaq ended with a more than 1% gain as a stronger-than-expected jobs report reassured investors who had worried the economy may be getting too weak https://t.co/sO3URmbOJn https://t.co/BsyIV1kgyC
US stocks closed solidly higher on Friday, as a stronger-than-expected jobs report reassured investors who had worried the economy may be slowing too rapidly https://t.co/kQojjcrpX6 https://t.co/aVCFowKL5g