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Stocks rally after strong jobs report

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A stronger than expected jobs report sent stocks soaring Friday, CNNMoney reported.

The rally pushed the Dow Jones industrial average up more than 5 percent in 2012, causing it to hit its highest level since May 2008.

Additionally, the Nasdaq, which is up more than 11 percent for the year, reached its highest level since December 2000, and the Standard & Poor’s 500 hit a six-month high as it gained almost 7 percent this year.