S&P 500 ends higher on jobs data

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Source: Dukascopy Bank
S&P 500 index appreciated on Friday supported by optimistic US job report which showed payrolls rose by 227,000 in February and unemployment rate matched analyst forecasts. US benchmark surged 0.36% or 4.96 points and finished at 1,370.87 with nine of ten sectors posting gains. Financials led the gains with Morgan Stanley adding 1% and Citigroup climbing 0.6%. Sprint Nextel jumped 6.9% after regulators requested its competitors to provide extra data on the USD 3.6 billion airwaves deal. 

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