December 6, 2013

US stocks surged Friday after a better-than-expected labor report showed solid job creation in November and boosted prospects that the Federal Reserve will begin to taper stimulus.

After 45 minutes of trade, the Dow Jones Industrial Average surged 130.39 points (0.82 percent) to 15,951.90.

The broad-based S&P 500 advanced 15.03 (0.84 percent) to 1,800.06, while the tech-rich Nasdaq Composite Index jumped 20.22 (0.50 percent) to 4,053.38.

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