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U.S. STOCKS - Wall St rises to new highs on recovery hopes
Wall Street rises to new highs on recovery hopes
US stocks rose on Friday after trading in the red most of the day as investors concluded weak December jobs data wouldn't interrupt a trend of steady economic recovery. The S&P 500 and the Dow hit new 15-month highs while the Nasdaq climbed to its highest level in 16 months. Most Read The economy unexpectedly shed 85,000 jobs in December, but analysts said this was not inconsistent