US stock market climbs as jobs data supports upbeat economic outlook

U.S. stocks rose in a broad-based rally on Friday as stronger-than-expected job growth in April coupled with muted wage gains left investors upbeat about the outlook for the economy and interest rates.

US stock market climbs as jobs data supports
Nasdaq registered a record high close, while the S&P 500 ended just shy of a record high finish. Image source: Reuters

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