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U.S. stocks rally despite soft jobs data

Xinhua, May 7, 2016 Adjust font size:

U.S. stocks reversed early losses to end higher Friday, as the country's weak jobs report raised expectations that the U.S. Federal Reserve would go slow on future interest rate hikes.

The Dow rose 0.45 percent, and the S&P 500 added 0.32 percent, while the Nasdaq increased 0.40 percent. Endit