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US STOCKS SNAPSHOT-Dow industrials hits 5-year high on jobs report
NEW YORK |
NEW YORK Oct 5 (Reuters) - U.S. stocks extended gains on Friday, and the Dow Jones industrial average hit its highest in almost five years, after government data showed a surprise drop in the unemployment rate.
The Dow Jones industrial average rose 82.57 points, or 0.61 percent, to 13,657.93. The S&P 500 Index gained 9.13 points, or 0.62 percent, to 1,470.53. The Nasdaq Composite added 21.07 points, or 0.67 percent, to 3,170.53.
The Dow climbed to a session high above 13,661, its highest level since mid-December 2007.
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