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S&P 500 and NASDAQ hit record high after positive jobs report

UNITED STATES (OBSERVATORY NEWS) — The S&P 500 and Nasdaq hit a record high in early trade on Friday, after data showed US job growth slowed less-than-expected in October.

The Standard & Poor’s 500 Index was up 13.16 points, or 0.43 percent, at 3,050.72. The Nasdaq Composite Index <.IXIC> was up 42.69 points, or 0.51 percent, at 8,335.05.

The Dow Jones industrial average <.DJI> was up 96.72 points, or 0.36 percent, at 27,142.95.

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