(RTTNews.com) - Stocks have moved moderately higher over the course of
the trading day on Friday, although buying interest has remained
somewhat subdued. The gains on the day are still extending a recent
upward trend, with the major averages reaching their best levels of the
New Year.
The major averages have moved roughly sideways in recent trading,
hovering in positive territory. The Dow is up 43.88 points or 0.3
percent at 17,928.76, the Nasdaq is up 18.23 points or 0.4 percent at
4,783.33 and the S&P 500 is up 8.49 points or 0.4 percent at
2,071.01.
The strength on Wall Street partly reflects a positive reaction
to the release of a Labor Department report showing stronger than
expected job growth in the month of January.
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