Nasdaq rises one percent, Wall Street extends rally


NEW YORK (Reuters) - U.S. stocks hit five-year highs and the Nasdaq rose 1 percent on Friday, after jobs and manufacturing data showed the economy's sluggish recovery is still on track.


The Dow Jones industrial average <.dji> gained 135.05 points, or 0.97 percent, to 13,995.63. The Standard & Poor's 500 Index <.spx> rose 13.85 points, or 0.92 percent, to 1,511.96. The Nasdaq Composite Index <.ixic> advanced 31.27 points, or 1.00 percent, to 3,173.40.


(Reporting by Chuck Mikolajczak; Editing by Bernadette Baum)



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