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S&P 500, Nasdaq open at document excessive on stimulus progress, job market rebound By Reuters

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© Reuters. FILE PHOTO: Merchants work on the ground of the New York Inventory Alternate, (NYSE) in New York

(Reuters) – The and the Nasdaq opened at document highs on Friday on indicators of progress in the direction of extra financial stimulus, whereas a intently watched jobs report confirmed the labor market was stabilizing.

The rose 38.0 factors, or 0.12%, on the open to 31093.81. The S&P 500 rose 6.6 factors, or 0.17%, on the open to 3878.3​, whereas the rose 47.1 factors, or 0.34%, to 13824.878 on the opening bell.

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