Wall Street today: US stocks surge after labor report, Nasdaq jumps over 1%

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US stocks surged on Friday after a labor report eased concerns about a slowdown in the jobs market.

At the opening bell, the Dow Jones Industrial Average rose 236.7 points, or 0.56%, to 42,248.26. The S&P 500 rose 37.5 points, or 0.66%, to 5,737.48, while the Nasdaq Composite rose 211.9 points, or 1.18%, to 18,130.421. 

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