Wall Street surges to five-year highs; Dow ends above 14,000
NEW YORK (Reuters) – Stocks rose to five-year highs on Friday, with the Dow closing above 14,000 for the first time since October 2007, after jobs and manufacturing data showed the economy’s recovery remains on track. The S&P touched its highest since December 2007 after a 5 percent gain in January, which was its best start to a year since 1997. The index is now just about 60 points away from its all-time intraday high of 1,576. 09. Employment grew modestly in January, with 157,000 jobs added. . . .
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