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Dow hits five-year high on strong jobs report

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NEW YORK (Reuters) – The Dow Jones industrial average climbed to its highest level in nearly 5 years on Friday after an unexpected drop in the unemployment rate pointed to an improving economy. The S&P 500 rose for a fifth day and was also on course to close near a five-year high. The index has gained nearly 17 percent so far this year and is on track for its best yearly run since 2009 when stocks rebounded after the financial crisis. . . .

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